Economics, Econometrics and Finance
7 years ago

China's Foreign Capital Manufacturing Industry Booms, Paving Way for "Made in China 2025

American Journal of Industrial and Business Management
A Review to the Development of Foreign Capital Manufacturing Industry in China: Looking forward to Made in China, 2025
Jiawan Xia

Paper Summary

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The article discusses how China attracted foreign investment to develop its manufacturing industry, leading to the growth of the economy and the "made in China 2025" initiative. By creating special economic zones and offering incentives, China has seen many foreign manufacturing companies investing in the country. The historical review shows the positive impact of these policies on the development of the Chinese manufacturing industry.