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Mid-to-Long-Term Structural Adjustments of Manufacturing and Cultivation of New Competitive Advantages

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Abstract

The year of 2020 is the last year of China's “13th Five-Year Plan” period, in which we will achieve the strategic goals of basically realizing industrialization and building a moderately prosperous society in all respects. For a long period of time in the future, China's industry will face opportunities such as upgrading domestic demand, expanding markets in developing countries, and the rise of a new industrial revolution.

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Notes

  1. 1.

    China Development Research Foundation (2018).

  2. 2.

    Tani (1989).

  3. 3.

    According to the standards of the World Bank in fiscal year 2020 and the Atlas method of the World Bank, a country with its per capita GNI (Gross National Income) in 2018 exceeding 12,376 US dollars will be seen as a high-income country. In 2018, China's per capita GDP was 9,771 US dollars (current price), and the per capita CNI (Atlas method) was 9460 US dollars (current price). In 2019, the per capita GDP reached US $10,276, but it still did not cross the threshold of high-income countries.

  4. 4.

    Research Group of Development Research Center of the State Council (2020).

  5. 5.

    “Accelerating the Implementation of Innovation-driven Development Strategy and the Transformation of Economic Development Mode”, People's Daily, August 19, 2014.

References

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Correspondence to Dan Shi .

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Shi, D., Li, X., Li, P., Deng, Z., Qu, S. (2023). Mid-to-Long-Term Structural Adjustments of Manufacturing and Cultivation of New Competitive Advantages. In: Xie, F., Cai, F., Li, X. (eds) The New Journey of China’s Economic and Social Development. Springer, Singapore. https://doi.org/10.1007/978-981-19-7915-6_7

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