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| Author: | Xu, Donghua |
| Title: | Problems of China's industrial conversion and upgrading (original in Chinese) |
| Journal: | Economic Management (c)
1999 : 5, p.45-47 |
| Index terms: | INNOVATION INDUSTRIAL DEVELOPMENT PRODUCT DEVELOPMENT CHINA |
| Language: | chn |
| Abstract: | The factors which restrict China's industrial conversion and upgrading are: Too fast aggregate growth and comparatively low per capita income result in that industrial conversion lacks sufficient demand; owning to inadequate investment, industrial conversion and upgrading are short of funds; low technological content and innovation ability of enterprises lead to insufficient driving force for industrial conversion and upgrading; because of loss incurred in an enterprise and industrial recession it becomes more difficult for enterprises to carry out industrial conversion; The irrational regional industrial system restricts economic development and external competitiveness. |
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