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![]() ![]() China MANUFACTURING https://photius.com/countries/china/economy/china_economy_manufacturing.html Sources: The Library of Congress Country Studies; CIA World Factbook
China's manufacturing sector developed according to the principle of "walking on two legs," a policy of self-reliance introduced in the 1950s. In the 1980s one leg consisted of the state-funded and state-controlled large and medium-sized plants with the most qualified personnel and the most advanced equipment. The other leg was small-scale plants using inferior equipment and large amounts of local labor. Together, the two sectors produced a wide range of industrial products. In most cases the larger plants accounted for the bulk of production, but the smaller enterprises were increasing their share and producing a significant percentage of cement, fertilizers, and farm machinery. Data as of July 1987
NOTE: The information regarding China on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of China MANUFACTURING information contained here. All suggestions for corrections of any errors about China MANUFACTURING should be addressed to the Library of Congress and the CIA. |
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