Going Local: Foreign Investment, Local Development and the Chinese Auto Sector

Eric Thun

Chapter 15 in Cars, Carriers of Regionalism?, 2004, pp 233-246 from Palgrave Macmillan

Abstract: Abstract For two decades, the auto industry has been at the core of China’s plans to develop a modern economy. The automobile industry has an enduring appeal for developing countries, in part because it is often thought to be a symbol of a modern economy, but even more importantly because it serves as the hub of an integrated industrial structure: extensive forward and backward linkages create the potential for a substantial positive spillover effect. It is not simply about making cars, it is about developing basic manufacturing capabilities in a wide variety of industries.

Keywords: Local Government; Central Government; Foreign Firm; Industrial Policy; Local Firm (search for similar items in EconPapers)
Date: 2004
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DOI: 10.1057/9780230523852_15

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