东南亚国家联盟).pptVIP

China’s Role in Asia New “Industrial Workshop” Biggest market and investment venue in Asia Driving force behind economic cooperation within Asia-Pacific Rim Guarantee of stability in Asia-Pacific Rim New “Industrial Workshop” After 1978, there were rapid industrial developments in the PRC. Many daily necessities and important industrial products throughout the world were all made in China. In 1998, the PRC was the world’s largest television producer, and she had a significant market share in Asia. In terms of foreign trade, her ranking in the world rose from 27 in 1978 to 11 in 1998. Chinese products began to dominate the world market. The PRC had become the new “Industrial Workshop”. Biggest market and investment venue in Asia The PRC had a huge population of 1.3 billion. With continued economic development, the purchasing power of her people kept expanding. Together with a cheap labour force of good quality, she had become the biggest market and the best venue for industrial production in Asia. Biggest market and investment venue in Asia After 1978, the PRC imported many foreign goods. Foreign investments in the country also increased. Foreign investors either exported their technology and skills to China, established joint ventures with Chinese companies, or set up their own enterprises in the PRC. Since 1990, China has ranked the top among all developing countries in attracting long-term foreign investments. Among these investments, those from the Four Little Dragons of Asia were the most significant. China has become the best venue for investment in Asia. Driving force behind economic cooperation within Asia-Pacific Rim With the exceptions of Japan and the Four Little Dragons, most Asian countries and regions had developing economies, and the PRC was the largest developing country in the world. Having similar economic conditions with her neighbouring countries and rapid economic development after 1978, the PRC could help to facilitate economic coope