Research on the Development Strategy of China's Labor-Intensive Industry - Industrial Economics Research Library

Author: Zhang Yaohui / Country: Mainland China
Publisher:
Publish Date: 2006-05-01
Features: This book examines the significant role of labor-intensive industry development strategies in China's economic growth and employment. It proposes an industrialization development approach that leverages China's abundant labor resources as a core competitive advantage. The author suggests that industrialization should be achieved by utilizing China's factor endowment advantages, such as technological decomposition, emerging industry development, and flexible manufacturing, forming four basic strategic frameworks: structural, technological, organizational, and service. Additionally, through necessary government intervention to influence the market, labor-intensive industries should be developed to increase employment.