2003•Northern Economy and TradeRequires access

CHINA VS WORLD FACTORY

Cao Lili

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Abstract

China manufacturing industry has developed rapidly in recent years,a lot of comments show that China has already become the world factory both at home and abroad.Through the analysis of the concept of world factory and the present manufacturing industry's situation of our country,we can see that China is still not the world factory at present,but China has already possessed the potentiality to be the world factory.So China should get the accurate orientation of its development,not only withholding the comparative advantage so as to keep up the powerful competition,but also deepening the reform to promote manufacturing industry's key competitiveness.

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What this paper is about

China manufacturing industry has developed rapidly in recent years,a lot of comments show that China has already become the world factory both at home and abroad.Through the analysis of the concept of world factory and the present manufacturing industry's situation of our country,we can see that China is still not the world factory at present,but China has already possessed the potentiality to be the world factory.So China should get the accurate orientation of its development,not only withholding the comparative advantage so as to keep up the powerful competition,but also deepening the reform to promote manufacturing industry's key competitiveness.

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Available abstract

China manufacturing industry has developed rapidly in recent years,a lot of comments show that China has already become the world factory both at home and abroad.Through the analysis of the concept of world factory and the present manufacturing industry's situation of our country,we can see that China is still not the world factory at present,but China has already possessed the potentiality to be the world factory.So China should get the accurate orientation of its development,not only withholding the comparative advantage so as to keep up the powerful competition,but also deepening the reform to promote manufacturing industry's key competitiveness.

Key concepts: Factory (object-oriented programming), China, Competition (biology), Business, Manufacturing, Industrial organization, International trade, Marketing

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