Economic differentiation of regions in China
Economic differentiation of regions in China
Author(s): Anna H. JankowiakSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: China; local development; regions; labour costs
Summary/Abstract: Changing conditions in the global economy caused that China has become one of the economic centres in the world. The Chinese market is still a very attractive place for exporters and foreign investors. A lot of entrepreneurs have included China into their internationalization strategy because they have seen the potential and chances for growth on this market. However, it is erroneous thinking about China as a one, huge and homogeneous market. Chinese provinces differ from each other by varying level of development, purchasing power, labour costs, availability of labour, number of foreign companies etc. Even within one country there are cultural differences. The aim of this paper is to present social and economic dissimilarities of Chinese regions by analyzing the key economic indicators, in the context of possibilities of growth on one of the most important markets in the global economy.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2014
- Issue No: 370
- Page Range: 267-280
- Page Count: 14