波多野结衣办公室双飞_制服 丝袜 综合 日韩 欧美_网站永久看片免费_欧美一级片在线免费观看_免费视频91蜜桃_精产国品一区二区三区_97超碰免费在线观看_欧美做受喷浆在线观看_国产熟妇搡bbbb搡bbbb_麻豆精品国产传媒

US EUROPE AFRICA ASIA 中文
Opinion / Op-Ed Contributors

Chinese economy: high time for innovation as an engine

By Amitendu Palit (China Daily) Updated: 2015-03-06 08:22

Low value-added manufacturing relying purely on processing might not be able to bring the same results for China any more. Labor costs have increased making China less competitive compared with countries such as Vietnam, Cambodia and Bangladesh, which are now more efficient in producing a variety of cheap manufactured items. Some of these countries, in industries such as garment manufacturing, for example, are more attractive than China for foreign investments because of their ability to assemble quicker with cheaper labor.

China's fantastic economic success was a result of its ability to combine low costs with large scales. These scales were first created by domestic investment, and later supported by investments from multinational investors. Many of these investors might now be tempted to relocate elsewhere. This would be a natural response to the new advantages in value chains noticed in other countries.

What should China do then to revive growth?

Wages cannot be artificially controlled or depressed given that cost of living in China has also increased rapidly. If advantages arising from cheap labor do not exist anymore, then efficiency and competitiveness must be maintained through innovation.

Innovation is clearly what the Chinese economy needs for its next stage of economic growth. But it is important to understand the characteristics of innovation that will bring growth. China's focus on becoming an innovation economy by investing in strategic emerging industries is a step in the right direction. But investments in R&D and innovation in these industries, particularly cutting-edge industries such as aerospace, energy-efficient automobiles and biotechnology, are going to yield returns only over a long period of time. It can take up to 15 to 20 years for these industries to produce world class innovative products that can be commercially developed and sold in world markets.

China obviously cannot wait that long. It must locate other areas where short-term and simple innovations can give it results. It is here that it must plan innovations in enterprises and institutions. Chinese enterprises must introduce innovative practices that can maintain productivity in spite of rising labor costs. Chinese institutions, particularly financial institutions, should introduce more innovative financial products schemes that will help the growth of the financial services industry.

What China requires now is using innovation at the basic and fundamental level. This will bring gains for the present. More critical innovations can follow later.

The author is senior research fellow at the Institute of South Asian Studies at the National University of Singapore.

Previous Page 1 2 Next Page

Most Viewed Today's Top News
...
波多野结衣办公室双飞_制服 丝袜 综合 日韩 欧美_网站永久看片免费_欧美一级片在线免费观看_免费视频91蜜桃_精产国品一区二区三区_97超碰免费在线观看_欧美做受喷浆在线观看_国产熟妇搡bbbb搡bbbb_麻豆精品国产传媒
国产在线精品一区二区不卡了| 欧美午夜精品一区二区| 成人免费网站黄| 91精品国产日韩91久久久久久| 亚洲区小说区图片区qvod| 成人免费看视频| 91高清免费看| 日韩伦理电影网| 99re视频精品| 在线这里只有精品| 椎名由奈av一区二区三区| 成人妖精视频yjsp地址| 日本中文在线视频| 椎名由奈av一区二区三区| 成人av第一页| 欧美自拍丝袜亚洲| 亚洲高清免费观看高清完整版在线观看| 91蝌蚪porny| 欧美精品日韩一区| 日韩国产欧美在线视频| aaaaa一级片| 久久影音资源网| 国产成人午夜电影网| 日本裸体美女视频| 中文字幕日韩一区二区| 成人午夜电影网站| 在线视频中文字幕一区二区| 亚洲人成网站影音先锋播放| 青青草精品在线| 91久久香蕉国产日韩欧美9色| 亚洲欧洲成人精品av97| 99免费精品在线| 欧美影院一区二区三区| 一区二区三区在线免费| 欧美69精品久久久久久不卡| 欧美视频三区在线播放| 午夜欧美视频在线观看| 日本二区在线观看| 久久久久久日产精品| 国产在线播放一区三区四| 亚洲女人毛茸茸高潮| 中文字幕精品三区| 成人午夜在线免费| 91福利社在线观看| 五月天激情小说综合| 97人妻精品一区二区三区免| www.4hu95.com四虎| 欧美国产日韩一二三区| 99久久婷婷国产| 欧美日韩五月天| 亚洲激情网站免费观看| 国产xxxx视频| 欧美成人三级在线| 岛国精品在线播放| 欧美日韩国产一级| 免费精品视频在线| 免费高清在线观看电视| 亚洲国产成人av网| 欧美老熟妇乱大交xxxxx| 国产精品午夜久久| 亚洲av成人精品一区二区三区| 久久综合色综合88| gogo亚洲国模私拍人体| 欧美精品一区二区三区久久久| av成人老司机| 亚洲精品在线观看视频| 99久久婷婷国产综合精品电影| 日韩欧美一区二区不卡| heyzo一本久久综合| 精品美女被调教视频大全网站| 成人高清视频在线| 精品少妇一区二区三区免费观看| 99热这里都是精品| 久久综合av免费| 久久人妻少妇嫩草av蜜桃| 国产亚洲精品福利| 国产伦精品一区二区三区88av| 欧美激情一区二区在线| bl动漫在线观看| 亚洲日本在线a| 韩国三级hd中文字幕| 亚洲一区二区三区爽爽爽爽爽| 五月天婷婷丁香网| 日韩中文字幕亚洲一区二区va在线 | 国产一区二区福利视频| 欧美日本一区二区| 丁香婷婷综合色啪| 久久综合九色综合欧美就去吻| 亚洲成a人无码| 亚洲丝袜另类动漫二区| 欧美波霸videosex极品| 无吗不卡中文字幕| 欧美影视一区二区三区| 国产91清纯白嫩初高中在线观看| 欧美va在线播放| 又黄又爽的网站| 亚洲精品videosex极品| 日本一级片免费| 黄一区二区三区| 欧美大片在线观看一区二区| 国产精久久久久| 亚洲男人的天堂在线aⅴ视频| 国产一区在线观看免费| 另类小说一区二区三区| 制服丝袜成人动漫| 秋霞午夜鲁丝一区二区| 综合久久综合久久| 亚洲综合视频网站| 国产毛片精品一区| www国产亚洲精品久久麻豆| 国产一级二级在线观看| 午夜视频在线观看一区二区三区| 欧美在线不卡视频| 91女人视频在线观看| 亚洲婷婷国产精品电影人久久| 成年人二级毛片| 国产福利精品一区| 国产欧美一区二区精品忘忧草 | 看全色黄大色黄女片18| 一区二区三区精品| 欧美主播一区二区三区美女| 成人av在线一区二区三区| 国产欧美日韩另类视频免费观看| 西西444www无码大胆| 日韩在线卡一卡二| 欧美日本视频在线| 日本女人黄色片| 中文字幕制服丝袜成人av| 国产精品视频在| 国产精品123| 国产精品美女一区二区在线观看| 五月天免费网站| 国产成人精品aa毛片| 中文字幕精品一区二区精品绿巨人| 波多野结衣欲乱| 成人h精品动漫一区二区三区| 亚洲欧洲精品一区二区三区| 一本色道久久加勒比精品| 91在线porny国产在线看| 一区二区不卡在线视频 午夜欧美不卡在 | 国产成人av免费在线观看| 国产成人免费xxxxxxxx| 国产精品蜜臀av| 欧洲精品一区二区三区在线观看| 91欧美一区二区| 午夜影院久久久| 日韩免费观看高清完整版 | 精品亚洲成a人| 国产欧美综合在线| 国精产品一区一区二区三区mba| 成人免费看黄yyy456| 一区二区三区av电影 | 视频一区在线视频| 精品久久久三级丝袜| 成年人视频软件| 99久久免费国产| 午夜a成v人精品| 久久色在线视频| 成人观看免费视频| 国产精九九网站漫画| 免费成人av在线| 国产精品情趣视频| 欧美三级电影网| 日本少妇高潮喷水xxxxxxx| 国产精品一区二区你懂的| 国产精品高潮呻吟久久| 欧美三级资源在线| 日本三级日本三级日本三级极| 免费在线观看不卡| 国产欧美日韩视频一区二区| 亚洲波多野结衣| 99精品久久只有精品| 香蕉久久一区二区不卡无毒影院| 欧美一区二区三区在线观看视频| 国产黄色网址在线观看| 国产主播一区二区| 中文字幕一区免费在线观看| 欧美精品丝袜中出| 尤物在线免费视频| 男人网站在线观看| 国产91精品久久久久久久网曝门| 亚洲电影一级片| 久久久亚洲欧洲日产国码αv| 一本久道中文字幕精品亚洲嫩 | 国产精品456| 亚洲欧美aⅴ...| 制服丝袜av成人在线看| 内射毛片内射国产夫妻| 69久久精品无码一区二区| 精品一区二区三区在线播放 | 欧美电影在线免费观看| 日韩一区二区三区四区视频| 日韩高清不卡一区| 中文字幕亚洲不卡| 日韩精品一区二区三区四区视频| 欧美黑人猛猛猛| 中文字幕网站在线观看| 男人女人拔萝卜视频| 国产精品一区在线| 亚洲无线码一区二区三区|