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    The People’s Republic of China’s High-Tech Exports: Myth and Reality

    Xing, Yuqing | April 2012
    Abstract
    Trade statistics portray the People's Republic of China (PRC) as the largest exporter of high-tech products. In this paper I will argue that the PRC’s leading position in high-tech exports is a myth created by outdated trade statistics which are inconsistent with trade based on global supply chains. Current trade statistics mistakenly credit entire values of assembled high-tech products to the PRC, thus greatly inflating its exports. In 2009, the PRC’s value-added accounted for only about 3% of the total value attributed to its exports of iPhones and laptop personal computers. Moreover, 82% of the PRC’s high-tech exports were produced by foreign-invested firms, in particular Taipei,China-owned companies. In this paper I will argue that a value-added-based approach should be adopted to accurately measure high-tech exports. Furthermore, if assembly is the only source of the value-added generated by PRC workers, in terms of technological contribution these assembled high-tech exports are no different from labor-intensive products, and so they should be excluded from the high-tech classification.
    Citation
    Xing, Yuqing. 2012. The People’s Republic of China’s High-Tech Exports: Myth and Reality. © Asian Development Bank Institute. http://hdl.handle.net/11540/1120. License: CC BY-NC-ND 3.0 IGO.
    Keywords
    Development In East Asia
    Development Planning
    Development Research
    Technology Development
    Development strategy
    Development models
    Economic development
    New technology
    Economic development projects
    Economic forecasting
    Economic development projects
    Municipal government
    Technology transfer
    Exchanges of patents and technical information
    Technical education
    Technology transfer
    Technocracy
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    Citable URI
    http://hdl.handle.net/11540/1120
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    Author
    Xing, Yuqing
    Theme
    Development
    Economics

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