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2017 | OriginalPaper | Buchkapitel

4. The Comparative Advantage of Nations

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Abstract

Chapter 3 described the policies of economic growth and development which have led China on a path of structural transformation and so enabled the country to transform first into an export-oriented economy and then into a consumer-oriented economy. China is now on a path towards transformation from a ‘made-in-China’ to a ‘designed-in-China’ economy.

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Fußnoten
1
(1) Primary industry consists of farming, forestry, animal husbandry and fishing; (2) secondary industry comprises mining, manufacturing, the production and supply of electricity, gas and water, and construction; (3) tertiary industry implies all industries not included in (1) and (2). Source: China Labour Statistics Yearbook (2005) National Bureau of Statistics and Ministry of Labour and Social Security, P.R.C.
 
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Metadaten
Titel
The Comparative Advantage of Nations
verfasst von
John Joshua
Copyright-Jahr
2017
DOI
https://doi.org/10.1057/978-1-137-59403-7_4