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| Author: | |
| Title: | The main development trends of "China economic cooperation system" (original in Chinese) |
| Journal: | Economic Management (c)
1996 : 10, p.4-7 |
| Index terms: | CO-OPERATIVES ECONOMIC GROWTH ECONOMIC FORECASTING CHINA |
| Language: | chi |
| Abstract: | The scale of "China Economic Cooperation system" covers China's mainland, Hong Kong, Macao and Taiwan. Such an economic cooperation to be conducted step by step , is driven by economic complementary. Hong Kong, Macao and Taiwan are short of labor force and the wage cost in these regions is rising while mainland is rich in labor resources . These regions' currencies appreciate, especially Taiwan's while mainland has no such a problem. Besides, the price of land for industrial purpose is rising. The world competition is intensifying and trade protectionism began to appear. This system is expected to raise its level of cooperation and develop towards multinational and multinational-level cooperation in many fields. |
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