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Thoughts Regarding an Externally Oriented Economy in the Pearl River Delta

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  • Chen Wenhong

Abstract

In China, the criterion for an externally oriented economy is generally based on the proportion and volume of commodities exported to earn foreign exchange [>i>chukou chuanghui>/i>â"export to earn foreign exchange"âis a set Chinese term and sometimes means merely "export." In this article, it is translated as "export" unless the exchange aspect is emphasized.âTrans.]. In industry, the criterion is the proportion of industrial export, chiefly the value of such export, in total industrial output value. This may be a clear and simple way of delineation, but it really leaves many questions unanswered.

Suggested Citation

  • Chen Wenhong, 1992. "Thoughts Regarding an Externally Oriented Economy in the Pearl River Delta," Chinese Economy, Taylor & Francis Journals, vol. 25(3), pages 43-52, April.
    • Handle: RePEc:mes:chinec:v:25:y:1992:i:3:p:43-52
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