Building Engines for Growth and Competitiveness in China

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  • Building Engines for Growth and Competitiveness in China Book Detail

  • Author : Douglas Zhihua Zeng
  • Release Date : 2010
  • Publisher : World Bank Publications
  • Genre : Business & Economics
  • Pages : 260
  • ISBN 13 : 0821384325
  • File Size : 4,4 MB

Building Engines for Growth and Competitiveness in China by Douglas Zhihua Zeng PDF Summary

Book Description: This book reveals fascinating insights into the two remarkable engines fueling China's economic success: special economic zones (SEZs) and industrial clusters. Douglas Zeng provides an excellent overview of China's SEZs and clusters, their background, success factors, challenges, and possible solutions. The five well-written case studies delve into the rich detail of the evolution and success of SEZs and clusters in key growth regions of China. The views on the distinctions and convergence of SEZs and clusters are fresh and in-depth. As China celebrates the 30th anniversary of its SEZ policy, the publication of this book could not have been more timely. With growing interest in China's experience, this book is a must-read for policy makers, development practitioners, business leaders, and scholars worldwide who are eager to learn from China's success.---Eric Roll Hansen President of Economic Transformations Group, Inc. China's economic rise continues to amaze. This book provides important new insights into two dimensions that, when combined, are emblematic of the nature of China's economic transformation. The creation of special economic zones (SEZs) has been a core element of the government's strategy to drive growth through a process of selective reforms in specific regions. The emergence of clusters has been a market-driven response to the new opportunities opening up in China. The case studies in this book suggest that Chinese SEZs and clusters have often been successful precisely because pragmatic policies allow them to become mutually reinforcing. This book will help researchers and policy makers better understand China's growth, past and current, as well as the lessons the country holds for the effective use of SEZs and clusters in organizing economic policies.---Christian Ketels Principal Associate of the Institute for Strategy and Competitiveness at Harvard Business School and Director of the Competitiveness Institute (TCI)

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The rapid pace of economic growth in China has been unprecedented since the start of economic reforms in late 1970s. It has delivered higher incomes and made th