China¿s New Development Strategies

This book examines Chinäs new development policies, which seek to reposition China from export platform for a diverse array of low-cost consumer goods to technological leader in sectors linked to advanced manufacturing, artificial intelligence, electric vehicles, e-commerce, and new internet-related production networks oriented to Chinäs large domestic market. Focusing on the post-2010 period, the book shows how Chinäs central government programs and reforms (¿upgrading from above¿) are coupled with a wide variety of local government policies, firm strategies, and domestic economy shifts (¿upgrading from below¿) that link Chinäs top-down programs into industrial growth on the ground. Placing Chinäs current development push within a global value chain (GVC) context shows how Chinese development strategies and the global economy remain intertwined. This volume brings together international GVC experts and China-based researchers who have carried out detailed fieldwork and industry specific quantitative analyses of GVCs and development with important implications for policymakers in both developed and developing economies.