China's Leadership in the World ICT Industry: A Successful Story of Its "Attracting-In" and "Walking-Out" Strategy for the Development of High-Tech industries?1

Based on the experience of the East Asian "tigers" that had specialized in electronics, Jiang proposed to step into the world electronics industry through assembling and contract manufacturing activities for multinational corporations (MNCs).8 In the 1980s, the government began to introduc...

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Bibliographic Details
Published in:Pacific affairs 2009-04, Vol.82 (1), p.67
Main Author: Ning, Lutao
Format: Article
Language:English
Subjects:
Comparative advantage
Distribution channels
Economic growth
Electronics industry
Energy shortages
Expansion
Exports
Industrial parks
Inflation
Integrated circuits
International trade
Leadership
Market orientation
Multinational corporations
Political leadership
Politics
R&D
Research & development
Resource allocation
Studies
Technological change
Trade liberalization
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Summary:Based on the experience of the East Asian "tigers" that had specialized in electronics, Jiang proposed to step into the world electronics industry through assembling and contract manufacturing activities for multinational corporations (MNCs).8 In the 1980s, the government began to introduce "special economic zones" in order to provide market institutions and preferential policies outside the plan system to attract and support FDI activities. Since Deng pushed forward a renewed reform agenda in 1992, special provisions and more liberal policies were made much more widely available for FDI in China.9 The main motivations of the policy were to use FDI to lay the foundation [of the ICT industry,] bringing up the [technological, production and management] lever and to gain financing for production and marketing channels to the advanced economies.10 The development logic of Chinese leaders was that a well-guided attracting-in strategy would stimulate the growth of indigenous production capability and in turn achieve the first step of Chinese products walking-out: export growth.
ISSN:0030-851X
1715-3379