2003Unpublished venueRequires access

A study of strategies for equipment industry in Heilongjiangto compete in the international market

Qiang Zhou

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Abstract

Equipment industry in China is facing both challenges and chances brought forth by accession to WTO. The equipment industry in Heilongjiang Province has gone through a slow reform, so it needs new strategies for development so as to compete in the international market. Based on a survey of the developing status quo of the equipment industry in Heilongjiang Province, this article proposed the following strategies. First, the industry organization structure should be adjusted. Second, the equipment industry market both at home and abroad should be developed and more international cooperation should be established so as to increase the product compatibility in the international market. Thirdly, exports should be expanded in amount and industry internationalization should be promoted.

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What this paper is about

Equipment industry in China is facing both challenges and chances brought forth by accession to WTO. The equipment industry in Heilongjiang Province has gone through a slow reform, so it needs new strategies for development so as to compete in the international market. Based on a survey of the developing status quo of the equipment industry in Heilongjiang Province, this article proposed the following strategies. First, the industry organization structure should be adjusted. Second, the equipment industry market both at home and abroad should be developed and more international cooperation should be established so as to increase the product compatibility in the international market. Thirdly, exports should be expanded in amount and industry internationalization should be promoted.

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Available abstract

Equipment industry in China is facing both challenges and chances brought forth by accession to WTO. The equipment industry in Heilongjiang Province has gone through a slow reform, so it needs new strategies for development so as to compete in the international market. Based on a survey of the developing status quo of the equipment industry in Heilongjiang Province, this article proposed the following strategies. First, the industry organization structure should be adjusted. Second, the equipment industry market both at home and abroad should be developed and more international cooperation should be established so as to increase the product compatibility in the international market. Thirdly, exports should be expanded in amount and industry internationalization should be promoted.

Key concepts: Internationalization, China, Accession, Status quo, Business, International market, International trade, Product (mathematics)

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