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Comparative Analysis of the Industrial Structure Development in China and America.

Authors :
Shuru Liu
Shifang Han
Lili Xu
Source :
International Journal of Simulation -- Systems, Science & Technology; 2016, Vol. 17 Issue 23, p8.1-8.8, 8p
Publication Year :
2016

Abstract

The performance of a country's economic development not only increases the gross national product, but is also bound to change with the development of the industrial structure. Using the industrial structure in the United States as a frame of reference in this paper, we compared China's industrial structure system to US's through specific gravity value, the proportion of employment, industrial deviation comparing labor productivity and other indicators. According to the comparison of two in the industry structure and development, it could be summed up that China's first industry proportion continued to decline, but the proportion and structure of the deviation is still high; proportion of secondary industry output value rise slowly, and manufacturing is at the bottom end of the value chain; third industry proportion is too small, and the internal structure of development is imperfect. The traditional service such as catering, wholesale and retail, is still the main issue. Then the paper proposes suggestions to continue to consolidate the status of agriculture as the foundation to improve the educational level of the rural population, restructure secondary industrial to accelerate the development of labor-intensive industries, increase investment in science and technology research; then persist in promoting the production of services, improving the internal structure of the tertiary industry. This article attempts to provide the basis and reference for the Chinese government's industrial restructuring policy. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
14738031
Volume :
17
Issue :
23
Database :
Complementary Index
Journal :
International Journal of Simulation -- Systems, Science & Technology
Publication Type :
Academic Journal
Accession number :
118818495
Full Text :
https://doi.org/10.5013/IJSSST.a.17.29.08