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Industrial Policy Innovation in China's New Heavy Industry

Zhou Ge-fei

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Abstract

With China's industrialization, heave industry becomes the priority. In order to avoid the disadvantage of high resource consumption and high pollution in traditional heavy industry development, some industry policy should be adopted to perfect the function of market and macro control. Innovation in policy of industrial structure, industrial organization, location and technology should be enforced to promote the healthy development of heavy industry.

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What this paper is about

With China's industrialization, heave industry becomes the priority. In order to avoid the disadvantage of high resource consumption and high pollution in traditional heavy industry development, some industry policy should be adopted to perfect the function of market and macro control. Innovation in policy of industrial structure, industrial organization, location and technology should be enforced to promote the healthy development of heavy industry.

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Available abstract

With China's industrialization, heave industry becomes the priority. In order to avoid the disadvantage of high resource consumption and high pollution in traditional heavy industry development, some industry policy should be adopted to perfect the function of market and macro control. Innovation in policy of industrial structure, industrial organization, location and technology should be enforced to promote the healthy development of heavy industry.

Key concepts: Industrialisation, Heavy industry, China, Industrial policy, Business, Order (exchange), Industrial organization, Macro

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