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Discussion of an Outward-Oriented Development Strategy for the Coastal Areas

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Reform and Development in Rural China

Part of the book series: Studies on the Chinese Economy ((STCE))

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Abstract

In accordance with the policy of opening up to the outside world, China will gradually implement an outward-oriented development strategy in the coastal areas. A labour force that is both low in cost and high in quality will be trained from China’s rich labour resources and will work in township en­terprises to produce labour-intensive products for external exchange. By importing raw materials and exporting finished products China will earn processing fees and will export labour in the form of products. This will enable China to enter the international economic cycle and speed up its own development.

‘Lun yanhai diqu waixiangxing fazhan zhanlue.’

3 June 1987

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© 1995 Du Runsheng and Thomas R. Gottschang

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Du, R., Gottschang, T.R. (1995). Discussion of an Outward-Oriented Development Strategy for the Coastal Areas. In: Gottschang, T.R. (eds) Reform and Development in Rural China. Studies on the Chinese Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-23665-7_19

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