China’s New Development Strategies: Upgrading from Above and from Below in Global Value Chains

ISBN-10: 9811930082
ISBN-13: 9789811930089
Category: Business & Economics
Pages: 303
Language: English
Published: 2022-09-17
Publisher: Springer Nature
Authors: Gary Gereffi, Penny Bamber, Karina Fernandez-Stark

Description

This book examines China’s new development policies, which seek to reposition China from export platform for a diverse array of low-cost consumer goods to technological leader in sectors linked to advanced manufacturing, artificial intelligence, electric vehicles, e-commerce, and new internet-related production networks oriented to China’s large domestic market. Focusing on the post-2010 period, the book shows how China’s central government programs and reforms (“upgrading from above”) are coupled with a wide variety of local government policies, firm strategies, and domestic economy shifts (“upgrading from below”) that link China’s top-down programs into industrial growth on the ground. Placing China’s current development push within a global value chain (GVC) context shows how Chinese development strategies and the global economy remain intertwined. This volume brings together international GVC experts and China-based researchers who have carried out detailed fieldwork and industry specific quantitative analyses of GVCs and development with important implications for policymakers in both developed and developing economies.

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