SWOT analysis to China’s knowledge economy

[German title: SWOT-Analyse der chinesischen Wissensökonomie]

Zhihua Zeng, Douglas and Wang, Shuilin , “China and the Knowledge Economy: Challenges and Opportunities” (May 1, 2007). World Bank Policy Research Working Paper No. 4223

Abstract: The rapid pace of economic growth in China has been unprecedented since the start of economic reforms in late 1970s. It has delivered higher incomes and made the largest single contribution to global poverty reduction. Measured by international poverty lines, from 1978-2004, the absolute poor population in rural areas has dropped from 250 million to 26.1 million. Such gains are impressive and have been driven largely by a set of market-oriented institutional reforms, strong investment, and effective adoption and application of various knowledge and technologies, especially foreign ones through trade and foreign direct investment. While enjoying tremendous success, China also faces many challenges that need to be addressed to sustain its long-term development. These include weak institutions, low overall educational attainment, weak indigenous innovation capacity, poor links between research and development and industries, and so on. This paper provides an analysis of some strengths, weaknesses, opportunities, and challenges to China’s knowledge economy in the areas of economic incentives and institutional regime, human capital, innovation system, and information infrastructure.
Keywords: Tertiary Education, Agricultural Knowledge & Information Systems, ICT Policy and Strategies, Population Policies, Technology Industry 

Available at SSRN: http://ssrn.com/abstract=984124

Copyright © 2007 Social Science Electronic Publishing, Inc. All Rights Reserved.

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