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Domestic Market-based Industrial Cluster Development in Modern China

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  • Ding, Ke
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    Abstract

    China’s huge domestic market is constantly expanding, and is low-end demand oriented and highly dispersed. The domestic market-based development of China’s industrial cluster, however, is not only a quantitative expansion, but has also been accompanied with remarkable qualitative upgrading. Specialized markets are a microcosm that clearly indicate this paradoxical phenomenon. By analyzing three typical cases of industrial clusters that have specialized markets, this paper will make the case that under modern China’s market conditions, the local public sector is the crucial driving force for upgrading industrial clusters, which organize complicated transactions, promote quality control, and stimulate the division of labor.

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    File URL: http://ir.ide.go.jp/dspace/bitstream/2344/478/3/ARRIDE_Discussion_No.88_ding.pdf
    File Function: First version, 2007
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    Bibliographic Info

    Paper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number 88.

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    Date of creation: Feb 2007
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    Publication status: Published in IDE Discussion Paper. No. 88. 2007.2
    Handle: RePEc:jet:dpaper:dpaper88

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    Related research

    Keywords: China; Industrial cluster; Market condition; Specialized market; Local public sector; Industrial estates; Local industy; Market; Public sector;

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    Cited by:
    1. Bellandi, Marco & Lombardi, Silvia, 2012. "Specialized markets and Chinese industrial clusters: The experience of Zhejiang Province," China Economic Review, Elsevier, vol. 23(3), pages 626-638.

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