Impacts and responses of economic globalization towards industrial clusters in China
Jianling Wang
Abstract
Jianling Wang
Abstract
Industrial clustering is popularized in regional economic development,whereas some traditional industrial clusters have been significantly succeeded in some regions of China.Hence,the economic globalization expedites the global strategic distribution and industrial transfer of foreign brands.This has impacted the domestic industrial clusters in China.As a result,the response and development of localized industrial clusters becomes a focus and a heat in economic researches.Therefore,the impacts of international industrial transfer are elaborated on national industrial clustering in this study.In this regard,the competition and cooperation amongst industrial clusters are investigated using a game-theory model.To cope with globalized impacts and intensive competitions,China not only passively encounters but also initiatively resolves industrial clustering via strategies and responses.Finally,a case study on the industrial clusters of low-voltage electrical appliances in Wenzhou is used for further analysis.
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Industrial clustering is popularized in regional economic development,whereas some traditional industrial clusters have been significantly succeeded in some regions of China.Hence,the economic globalization expedites the global strategic distribution and industrial transfer of foreign brands.This has impacted the domestic industrial clusters in China.As a result,the response and development of localized industrial clusters becomes a focus and a heat in economic researches.Therefore,the impacts of international industrial transfer are elaborated on national industrial clustering in this study.In this regard,the competition and cooperation amongst industrial clusters are investigated using a game-theory model.To cope with globalized impacts and intensive competitions,China not only passively encounters but also initiatively resolves industrial clustering via strategies and responses.Finally,a case study on the industrial clusters of low-voltage electrical appliances in Wenzhou is used for further analysis.
Key concepts: China, Competition (biology), Globalization, Cluster analysis, Economic globalization, Economic geography, Industrial organization, Distribution (mathematics)