On International Industry Transfer and Chinese Industry Upgranding

Abstract: So far structural problem has become a serious obstacle to the economic development of China. It is of great urgency to adjust the industrial structure and promote the industry upgrading. With the rapid development of scientific and technical revolution guided by information technology, it is now an irresistible tendency of world economy that the international industrial structure is being upgraded, adjusted and transferred. In order to promote the adjustment and upgrading of its industrial structure, and improve its international competitiveness, China should seize this good opportunity, make full use of foreign investment and develop transnational management.