Abstract
In a globalized world, transforming China’s economic growth model in effect is to change the comparative advantage, so that the country can improve its position in the international division of labour to achieve industrial upgrade.
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Ozawa dubs textile and garment as the Hecksher-Olin model of labour-driven industry, steel as the resource–and scale–driven undifferentiated Smithian industries, automotive as the differentiated Smithian industry, electronics as Schumpeter’s innovation industry, and in addition Ozawa also dubs information processing and transmission as McLuhan’s network-driven industry.
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Zhang, Q. (2018). Evolving Comparative Advantage and Choosing a Pathway for China’s Industrial Upgrading. In: Zhang, Q. (eds) Transforming Economic Growth and China’s Industrial Upgrading. Research Series on the Chinese Dream and China’s Development Path. Springer, Singapore. https://doi.org/10.1007/978-981-13-0962-5_5
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