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The China's Policy to Transform into Smart-Manufacturing

Journal: Herald of the Economic Sciences of Ukraine (Vol.32, No. 1)

Publication Date:

Authors : ; ;

Page : 39-43

Keywords : smart-промисловість; smart-промышленность; smart-industry; smart-manufacturing; China; industrial policy; government support; industrial modernization;

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Abstract

In the article, the authors analyzed the key features and strategies of the Chinese industrial policy which are revealed in national plan “Made in China 2025”. The government of China aims at boosting performance of its high-tech industries in the next ten years on the basis of fundamental industrial modernization in the country. The authors consider the possible consequences of this policy to different business clusters; they emphasize the core issues of the Chinese industrial policy which should be taken into account when the strategic goals for economic development in Ukraine are determined.

Last modified: 2017-08-26 16:00:38