Since the beginning of China’s economic reform in 1978, private manufacturing firms have played an indispensable role in, and have made a remarkable contribution to, the country’s economic development. This book, based on extensive original research, explores the current development challenges for Chinese private manufacturing firms as China’s integration with the global economy deepens. At the heart of the book are rich, nuanced empirical case studies of private manufacturing firms in the footwear and electrical equipment industries based in the city of Wenzhou, which was where private enterprise in China was pioneered in the 1980s. Particular subjects considered include the competition situation, the interaction of foreign and indigenous firms in both domestic and international markets, and the facilitating role of industrial development areas.
Table of Contents
List of Tables, Figures and Maps
List of Abbreviations
2 Study Design
3 Wenzhou’s Economic Development
4 Case Study I: Footwear Industry
5 Case Study II: Electrical Equipment Industry
Xiao Chen achieved her PhD degree in Development Studies from the University of Cambridge. She currently works as a researcher in the China Center for International Knowledge on Development. Her research interests include globalisation and firm competition, industrial policy and Chinese economy.