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Erschienen in:
Introduction Kapitel lesen Erstes Kapitel lesen

2018 | OriginalPaper | Buchkapitel

2. FAW, “Senior Son” of the Chinese Automobile Industry

verfasst von : Qiushi Feng

Erschienen in: Variety of Development

Verlag: Springer Singapore

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Abstract

This chapter is about First Auto Works (FAW), the oldest automobile enterprise in China, which exemplifies enterprises owned by the central government and producing foreign-branded cars through joint ventures. The chapter attributes FAW’s development to the leading role of central government in the local automobile sector. In the era of the planned economy, the central government had built up the northeast region as the national heavy-industry base, and FAW as the key enterprise for automobile production. When the market reform started, though the central government relaxed its control over many enterprises, it maintained a tight hold on FAW, which became a critical element in the reform. Under central government direction, FAW was gradually transformed from a state factory into a state-owned corporation and assigned to practice the new industrial policy, which was to promote import substitution and technological upgrading through joint ventures with foreign corporations. The FAW production model was thus determined under a series of national initiatives.

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Vorheriges Kapitel Introduction
Nächstes Kapitel SAIC, a Giant of the Domestic Market
Fußnoten
1
“156 projects” were a large-scale technology transfer from the Soviet Union to China in the 1950s and 1960s resulting from the post-World War II political alliance between the two countries, with the main purpose of assisting the development of China’s heavy industry. This transfer took multiple forms, including introducing equipment, providing technical drawings and documents, sending Soviet experts to China, training Chinese technicians, and establishing engineering schools and research institutes in China. Although the Soviet Union had suspended this program by early 1960s as Sino-Soviet relations deteriorated, these projects greatly facilitated development of the Chinese heavy sectors (Zhang et al. 2004).
 
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Metadaten
Titel
FAW, “Senior Son” of the Chinese Automobile Industry
verfasst von
Qiushi Feng
Copyright-Jahr
2018
Verlag
Springer Singapore
Buch
Variety of Development

Print ISBN: 978-981-10-5911-7

Electronic ISBN: 978-981-10-5912-4

Copyright-Jahr: 2018

DOI
https://doi.org/10.1007/978-981-10-5912-4_2

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