5. China: Past and Present Parameters Pre-Reforms(before 1979) Post Reforms(1979-2007) 5. FDIs At a very low level as there were restrictions, quotas in place, the only foreign investment that came in was because of imports of those materials which couldn’t be produced domestically Cumulative level stood at $760 billion in 2007 6. Productivity in Industrial Sector Very inefficient as most of the industrial output was under the control of the government Economic Reforms led to increase in Productivity
7. China’s Industrial Parks & Provinces Province Industries Anhui Producer of white goods, motor vehicles Beijing Mobile phone Technology Research, real estate, financial service sector Chongquing Largest industrial, commercial in interior China, large companies are relocating their business here Fujian Agriculture, light industry, important hub for international trade Guangdong Textiles, garments, electrical appliances, this province account for a third of China’s trade Jiangsu Near to Shanghai, 3 rd largest province, plastic , semi conductors, automobiles Shanghai Manufacturing giant for cars, computers, chemicals
8. China’s Industrial Parks & Provinces Province Industries Tianjin Automobiles, Electronics, Petrochemicals Zhejiang Attracted a lot of foreign investors in sectors like garments, plastics, fibers. Has become a Shipping hub Shandong Cars, shipping
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