The Necessity and Countermeasure for Strategic Adjustment of Industrial Structure in China
Wang Shu-yin
Abstract
Wang Shu-yin
Abstract
China has entered the phase that adjusting industrial structure is the only way to accelerate e-conomy growth. Industrial structure adjustment has become the main thread for the future period. Stategic adjustment of industrial structure is great strategy to reply the challenges of industrial globalization and China s accession the WTO. Its basic objective is to realize the rationalization of industrial structure and its high degree of integration. The realization of this objective must depend on the choice of effective and feasible policy.
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China has entered the phase that adjusting industrial structure is the only way to accelerate e-conomy growth. Industrial structure adjustment has become the main thread for the future period. Stategic adjustment of industrial structure is great strategy to reply the challenges of industrial globalization and China s accession the WTO. Its basic objective is to realize the rationalization of industrial structure and its high degree of integration. The realization of this objective must depend on the choice of effective and feasible policy.
Key concepts: Rationalization (economics), China, Accession, Industrial policy, Countermeasure, Globalization, Industrial organization, Economic system