Wen-xing ZHU, Jin-ping LIAO, Shui-tai XU. Product Structure Dynamic Evolution of China’s Strategic Key MineralsBased on Product Space Perspective[J]. JOURNAL OF NANCHANG HANGKONG UNIVERSITY(SOCLAL SCIENCES), 2022, 24(2): 35-44. DOI: 10.3969/j.issn.2096-8574.2022.02.005
Citation: Wen-xing ZHU, Jin-ping LIAO, Shui-tai XU. Product Structure Dynamic Evolution of China’s Strategic Key MineralsBased on Product Space Perspective[J]. JOURNAL OF NANCHANG HANGKONG UNIVERSITY(SOCLAL SCIENCES), 2022, 24(2): 35-44. DOI: 10.3969/j.issn.2096-8574.2022.02.005

Product Structure Dynamic Evolution of China’s Strategic Key MineralsBased on Product Space Perspective

  • As the basis for the development of strategic emerging industries, the development of strategic key minerals is of great significance for China to grasp “industry 4.0” and break through the challenge of “three-phase superposition”. Therefore, it is necessary to select and compare countries from the perspective of product space by using the product trade data from 1999 to 2019, explore the evolution of the spatial structure of China’s strategic key mineral products, determine the cultivation objectives, and explore the development path of the strategic key mineral industry. The study found that China’s strategic key mineral products, especially machinery and other mineral products, have shown export diversification, but the growth rate of advantageous products still needs to be improved. Further comparison with Germany’s advantageous products shows that China’s economic growth potential continues to increase, and the advantageous product portfolio gradually deviates from low-end products, but the economic growth potential and product density of related products are not high. Based on the research status, it is found that the cultivation targets that should be selected preferentially are mainly concentrated in category 16 products, such as 847989, etc. Finally, some suggestions on product development, product structure adjustment and policy are put forward.
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