Chinese industrial clusters
Chinese industrial clusters

Summary/Abstract: Clusters are an increasingly common form of business cooperation, which gives affiliated entities tremendous growth opportunities and shared experience. The countries of the Asia-Pacific region are becoming an increasingly popular place to locate clusters, which stems from various factors. The Asian region is an attractive region for foreign direct investment – so many new businesses are created there. Also there exists a strong tradition of industry, so clusters are formed naturally as a consequence of the concentration of specialised industries in the area. The clusters located in China are an example of a stronger industry concentration than average industrial clusters. Many regions in China are concerned only with specific products (e.g., textiles), which are sold on national and international markets. They are extremely well- -organised clusters-cities, where a large number of small and medium enterprises operate, which by acting together are more likely to achieve a high level of competitiveness.

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