The Development Trend of the Chinese Manufacturing Industry and the Possibitity of China Becoming the World Factory
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Abstract
China seems more like a base of global manufacturing industry than before.International direct investment to the developing countries rose. China becomes the most successful developing country of absorbing FDI. Global companies manufacturing center transfers to developing countries, especially China. China has advantage of becoming "world factory" though it isn't "world factory" till now.Manufacture industry has made an important role in China's economic develop ment. China is one of the countries that make fast progress in developing manufacture industry. And it can reach the basic standard of "world factory" in 10 to 15 years.
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