The China Plus One Strategy: A Signal of the Next Step of China's Economic Development

Persistent Link:
http://hdl.handle.net/10150/146621
Title:
The China Plus One Strategy: A Signal of the Next Step of China's Economic Development
Author:
Nellan, Amrietha
Issue Date:
May-2010
Publisher:
The University of Arizona.
Rights:
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
Abstract:
China's economic growth over the past two decades has been a point of envy for developed and developing countries alike. China has been able to achieve this due to the policy focus of their government on trade liberalization and capturing foreign investment. This involvement by the government in aiding the national economy move up the technology ladder has been quite successful in stabilizing such rapid growth. However, recent government policies have instigated a new direction of the Chinese economy away from low-end manufacturing and more into high-end manufacturing and services, called the 'China plus one strategy'. This new direction initially showed no signs of problems for China's growth goals; however, the Financial Crisis was the final push causing a mass decline of low-end manufacturers in China. The resulting unemployment issue across urban and rural China has shown a significant weakness in the Chinese economy, namely that too many jobs are dependent on foreign consumer demand. Thus, China's future economic development will take on a new face of cultivating domestic consumption to support and stabilize jobs and strategic government initiatives like the 'China plus one strategy'.
Type:
text; Electronic Thesis
Degree Name:
B.A.
Degree Level:
bachelors
Degree Program:
Honors College; Interdisciplinary Studies/International Studies
Degree Grantor:
University of Arizona

Full metadata record

DC FieldValue Language
dc.language.isoenen_US
dc.titleThe China Plus One Strategy: A Signal of the Next Step of China's Economic Developmenten_US
dc.creatorNellan, Amriethaen_US
dc.contributor.authorNellan, Amriethaen_US
dc.date.issued2010-05-
dc.publisherThe University of Arizona.en_US
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en_US
dc.description.abstractChina's economic growth over the past two decades has been a point of envy for developed and developing countries alike. China has been able to achieve this due to the policy focus of their government on trade liberalization and capturing foreign investment. This involvement by the government in aiding the national economy move up the technology ladder has been quite successful in stabilizing such rapid growth. However, recent government policies have instigated a new direction of the Chinese economy away from low-end manufacturing and more into high-end manufacturing and services, called the 'China plus one strategy'. This new direction initially showed no signs of problems for China's growth goals; however, the Financial Crisis was the final push causing a mass decline of low-end manufacturers in China. The resulting unemployment issue across urban and rural China has shown a significant weakness in the Chinese economy, namely that too many jobs are dependent on foreign consumer demand. Thus, China's future economic development will take on a new face of cultivating domestic consumption to support and stabilize jobs and strategic government initiatives like the 'China plus one strategy'.en_US
dc.typetexten_US
dc.typeElectronic Thesisen_US
thesis.degree.nameB.A.en_US
thesis.degree.levelbachelorsen_US
thesis.degree.disciplineHonors Collegeen_US
thesis.degree.disciplineInterdisciplinary Studies/International Studiesen_US
thesis.degree.grantorUniversity of Arizonaen_US
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