China Is a Big Industrial Manufacturer but with LowEfficiency

LI Xiaohua1( 李晓华 )

Editorial note:

China’s industry has maintained a steady fast-paced growth since the adoption of the opening-up and reform policy and its development has attracted attention worldwide. Some people are so amazed that they have named it the “China Miracle” while others consider it more of a “China Threat”. What status does China’s industry currently occupy in the global market? LI Xiaohua analyses this issue in this article

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