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N° 2002 - 02 |
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| March |
| China in the International Segmentation
of Production Processes |
Françoise Lemoine
Deniz Ünal |
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| This structural analysis of China's foreign
trade shows that its outstanding performance in world markets is directly
linked to its involvement in the international segmentation of production
processes. China's tariff policy in favour of processing activities proved
very successful in creating export-oriented industries based on imported
inputs. Production sharing with Asian countries has resulted in highly internationalised
and competitive industries, while China's traditional export sector has
remained sluggish. China displays a strong specialisation in the downstream
stages of production processes, associated with large deficits in the upstream
stages (semi-finished products and components). This vertical division of
production has enabled China to rapidly diversify its exports of consumption
goods, and to create strengths in capital goods exports, especially in electrical
machinery. Imports of parts and components embody a large share of high
technology and represent an important channel for the transfer of technology
into China. |
Abstract |
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| China, trade policy, economic integration,
specialisation, international segmentation of production processes, technology
transfer |
Keywords |
| F13, F14, F15, 053 |
JEL classification |
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