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Modernizing China's Industries
Lessons from Wool and Wool Textiles
Exposed to powerful new economic forces, and undergoing dramatic ownership reforms and technological changes, China's industries are modernizing at a breakneck pace. In many industries, the outcomes have been chaotic and poorly aligned with societal objectives. This book analyses the transformation and modernization of China's industries through a detailed investigation of the wool and wool textile industries. The authors argue that to remain internationally competitive in the post WTO accession era, Chinese industries need to confront a critical new phase in the modernization process - that of improving management practices and industry co-ordination. "Modernizing China's Industries" is a comprehensive, integrated and in-depth investigation of industry transformation and modernization. The extensive first-hand research, across a range of industry segments and participants, spans almost two decades. The analysis reveals much about industry modernization and transition in China for a broad range of industries and therefore provides invaluable information for developing strategies and accessing opportunities within China.
This book offers unique insights for academics and researchers in Asian studies, transition studies and industrial transformation, as well as policymakers and industry leaders interested in both the intricacies and mega-forces involved in China's industrial modernization. This comprehensive industry analysis also provides a valuable reference for professionals in the increasingly China-centric world of wool and wool textiles as well as offering insights for other textile industry professionals.
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What Reviewers Are Saying
"'China is the world's largest producer and consumer of wool textiles but the structure of its industry remains confusing and complex to many. While China offers the most important growth opportunity in the world today, the transition from a centrally planned to a market economy has compounded the difficulties and risks for many traders and investors wishing to deal with and in this market. This publication makes a major contribution towards unravelling the complexity of Chinese industrial structures through its review of recent changes to one of China's oldest but still significant manufacturing sectors, the wool textile industry. The lessons learned through this study will be relevant to anyone wishing to understand China's industrial modernization processes.' - Barry White, International Fibre Council (IFC) Ltd and Australia China Business Council"