The Division of Factors and the Choice of China's Openning Strategies
Abstract
Development of economic globalization is deepening international division of labor, the inevitable result. To the contemporary economic globalization there have been many new features, its intrinsic motivation is a contemporary form of international division of labor division is moving from product development to the elements of the division of labor. Elements of the division of labor in the environment, determine present and future of China in the international division of labor exchange in the benefits received, and no longer depends on what the import, export anything, but what level of participation in the international division of labor, based on what kind of elements, what level The elements involved in the international division of labor, the ability to control the entire value chain number. China must adapt to the elements of the division's development environment, to determine the appropriate development strategy. As a result of international division deepening itself, the development of economic globalization nowadays displays many new features today, for instance, the form of international division has changed from division of products to division of elements. The deciding factor for China's benefit from international division in such a context then no longer lies upon what she import or export, but using what elements she joins the international trade, and in what degree she can control the whole value chain. Hence it is urgent for China to adapt her own developing strategy in accordance with the context of element division