Manufacturing by Chinese Enterprises

Yanqing Jiang () and Shuqing Hu
Additional contact information
Yanqing Jiang: Shanghai International Studies University, School of Economics and Finance
Shuqing Hu: Shanghai International Studies University

Chapter Chapter 5 in Digital Economy and Manufacturing, 2025, pp 105-132 from Springer

Abstract: Abstract For a long time after the founding of the People’s Republic of China, China’s manufacturing industry advanced with great difficulty within the framework of the planned economic system. Although a relatively complete industrial system was initially established, covering basic industries such as steel, machinery, and chemicals, the development level was indeed limited. Take the steel industry as an example. At that time, the production equipment was outdated, mainly consisting of some old-fashioned rolling mills and steelmaking furnaces imported from the Soviet Union. The production efficiency was extremely low, and the product quality was unstable, making it difficult to meet the needs of high-precision industrial manufacturing. The same was true in the field of machinery manufacturing. Most enterprises were still at the stage of simple machine tool processing, with almost zero automation. The machinery products produced could only meet the simple needs of basic fields such as domestic agriculture and infrastructure construction.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-981-95-4475-2_5

Ordering information: This item can be ordered from
http://www.springer.com/9789819544752

DOI: 10.1007/978-981-95-4475-2_5

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().