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China's Innovation-Driven Development Strategy and Prospects

dc.contributor.authorJihyun Jung
dc.date.accessioned2019-07-24T17:22:09Z
dc.date.available2019-07-24T17:22:09Z
dc.date.issued2016-12-15
dc.identifier.urihttp://hdl.handle.net/11540/10556
dc.description.abstractRecently, the key issue in China's economic development strategy has been innovation. China joined the world's top 25 most innovative countries for the first time in 2016, according to the global innovation index survey conducted by the World Intellectual Property Organization. This is the first case that a middle-income country has broken into the top 25, though the ranking is still lower than the US (4th), Germany (10th), Korea (11th) and Japan (16th). While China's innovation strategy was particularly emphasized this year, it is actually not such a recent development. Through an export-oriented policy using low-cost production factors and an investment-led strategy for industrialization and urbanization, China has grown at a CAGR of over 10% over the past three decades following the implementation of its reform and opening policy. However, as the economic downturn in the wake of the global financial crisis continued in advanced economies, important export destinations for China, and the role of investment as a growth engine became limited, China was inevitably required to shift to a new strategy for development.
dc.languageEnglish
dc.publisherKorea Institute for International Economic Policy
dc.titleChina's Innovation-Driven Development Strategy and Prospects
dc.typeReports
dc.subject.expertDevelopment
dc.subject.expertTrade
dc.subject.expertDevelopment Goals
dc.subject.expertSkills Development
dc.subject.expertSustainable Development
dc.subject.expertTrade Flows
dc.subject.expertTrade And Development
dc.subject.expertFood Security And Trade
dc.subject.expertTrade Volume
dc.subject.expertTrade Potential
dc.subject.expertTrade Flows
dc.subject.expertExternal Trade
dc.subject.expertIndustrial policy
dc.subject.expertNew technology
dc.subject.expertInnovations
dc.subject.expertIndustry
dc.subject.expertExport policy
dc.subject.expertImport policy
dc.subject.expertTrade Unions
dc.subject.expertNatural Resources
dc.subject.expertServices Trade
dc.subject.expertSMEs
dc.subject.expertE-commerce
dc.subject.adbDevelopment assistance
dc.subject.adbADB
dc.subject.adbCurriculum development
dc.subject.adbDevelopment assistance
dc.subject.adbDevelopment aid
dc.subject.adbDevelopment indicators
dc.subject.adbDevelopment potential
dc.subject.adbDevelopment models
dc.subject.adbProject appraisal
dc.subject.adbPerformance appraisal
dc.subject.adbRegional development bank
dc.subject.adbTrade development
dc.subject.adbImport volume
dc.subject.adbExport volume
dc.subject.adbService industry
dc.subject.adbCareer development
dc.subject.adbVocational training
dc.subject.adbContract Labor
dc.subject.naturalLabor income
dc.subject.naturalLabor policy
dc.subject.naturalManpower policy
dc.subject.naturalPromotions
dc.subject.naturalCareer development
dc.subject.naturalJob analysis
dc.subject.naturalSelf-evaluation
dc.subject.naturalSupervisors
dc.subject.naturalCapital
dc.subject.naturalBusiness
dc.subject.naturalCommunication in rural development
dc.subject.naturalSocial participation
dc.subject.naturalOccupational training
dc.subject.naturalPartnership
dc.subject.naturalJoint venture
dc.subject.naturalSystem analysis
dc.subject.naturalLabor and globalization
dc.subject.naturalLabor policy
dc.subject.naturalRegional trading blocs
dc.subject.naturalForeign trade and employment
dc.subject.naturalDeveloping countries
dc.subject.naturalIndustrial priorities
dc.subject.naturalTechnological innovation
dc.subject.naturalTechnology transfer
dc.subject.naturalForeign trade regulation
dc.subject.naturalIndustrial relations
dc.subject.naturalTrade-unions
dc.subject.naturalSmall business
dc.subject.naturalUnions
dc.title.seriesKIEP Opinions
dc.title.volumeNo. 98
dc.contributor.imprintKorea Institute for International Economic Policy
oar.themeDevelopment
oar.themeTrade
oar.adminregionEast Asia Region
oar.countryPeople's Republic of China
oar.identifierOAR-010131
oar.authorJung, Jihyun
oar.importTRUE
oar.googlescholar.linkpresenttrue


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