China’s Manufacturing Development and Its Implications for Korea

Hyuntai Lee (), Jangho Choi (), Hyelin Choi (), Youngsun Kim (), Yunmi Oh () and Joonkoo Lee ()
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Hyuntai Lee: Korea Institute for International Economic Policy
Jangho Choi: Korea Institute for International Economic Policy
Hyelin Choi: Korea Institute for International Economic Policy
Youngsun Kim: Korea Institute for International Economic Policy
Yunmi Oh: Korea Institute for International Economic Policy
Joonkoo Lee: Hanyang University

No 18-18, World Economy Brief from Korea Institute for International Economic Policy

Abstract: Since 2015, the Chinese government has been strongly promoting its "Made in China 2025" initiative, which aims to accelerate the transformation of China from a "big manufacturing country" into a "world manufacturing power" by boosting manufacturing competitiveness through innovation and nurturing high-tech manufacturing industries. China's "Made in China 2025" strategy is both a threat and opportunity for Korea. This study aims to analyze the development status of Chinese manufacturing industries and the policy of "Made in China 2025," and to provide implications and countermeasures.

Keywords: China; manufacturing development; Korea (search for similar items in EconPapers)
Pages: 5 pages
Date: 2018-07-06
New Economics Papers: this item is included in nep-cna
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