East Asian Economic Integration And Evolution Of China's Industrial Structure

Modern economic growth shows that it is more important to upgrade the industrial structure than to promote the quantitative increase. To some extent, a modern economic growth is based on the variation of industrial structure as its nucleus. It is one of the characteristics for the world economy in 21st century that globalization and regional integration promote each other forward and deeply together. To meet the circumstances, opening-up, as one of the main features of industrial structure has to be kept time to time in any developing stage. In fact, the industrial structure evolution in one country has already been taking place beyond its boundary, which forms the integral evolution with the industrial structure of the members in the same region. Moreover, the World industries are growing up in the interactions among regional industrial structures.China has got a great achievement in its industrial structure adjustment since the reform and opening-up. However, comparing its level of industrial structure with those of developed countries, China still has a long way to go. Its structural conflict has become a glaring problem in the beginning of the new century. To keep Chinese economy stable and sustained, it is of realistic significance how to upgrade the industrial structure and how to promote its adjustment.On the background of regional economic integration in East Asia, with a regional perspective, the paper explores how the East Asian countries' industrial structure promotes the integral evolution in their interdependence, and how China's industrial structure play its role in its dependent evolution and position in East Asian division system. At last, the paper puts forward the consideration for China's industrial structure adjustment under the environment of regional economic integration according to the traits of China's industrial structure.The paper combines theoretical approaches with empirical analysis. The analysis framework is established theoretically based on International trade and foreign direct investment as the basic conjunctional mechanism of the interactive evolution of industrial structure. Moreover, the paper lays stress on the statement in comparison with international materials and the varied stages of industrial structure, whilst engaging in the empirical analysis to the industrial structure in special economy with data.