China’s Manufacturing Development and Its Implications for Korea

5 Pages Posted: 14 Dec 2018 Last revised: 21 Dec 2018

See all articles by Hyun-Tai Lee

Hyun-Tai Lee

Korea Institute for International Economic Policy

Hyelin Choi

Korea Institute for International Economic Policy

Youngsun Kim

Korea Institute for International Economic Policy

Joonkoo Lee

Hanyang University

Date Written: July 23, 2018

Abstract

Since 2015, the Chinese government has been strongly promoting its "Made in China 2025" initiative, which aims to accelerate the transformation of China from a "big manufacturing country" into a "world manufacturing power" by boosting manufacturing competitiveness through innovation and nurturing high-tech manufacturing industries. China's "Made in China 2025" strategy is both a threat and opportunity for Korea. This study aims to analyze the development status of Chinese manufacturing industries and the policy of "Made in China 2025," and to provide implications and countermeasures.

Keywords: China, Manufacturing, Korea

Suggested Citation

Lee, Hyun-Tai and Choi, Hyelin and Kim, Youngsun and Lee, Joonkoo, China’s Manufacturing Development and Its Implications for Korea (July 23, 2018). KIEP Research Paper, World Economy Brief 18-18. Available at SSRN: https://ssrn.com/abstract=3299379 or http://dx.doi.org/10.2139/ssrn.3299379

Hyun-Tai Lee (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Hyelin Choi

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Youngsun Kim

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Joonkoo Lee

Hanyang University ( email )

School of Business
222 Wangsimni-ro, Seongdong-gu
Seoul, 04763
Korea, Republic of (South Korea)
+82-2-2220-2584 (Phone)
+82-2-2220-1169 (Fax)

HOME PAGE: http://joonklee.tumblr.com/

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