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Research On Wages Rise To China’s Manufacturing Industry International Competitiveness Influence

Posted on:2014-12-05Degree:MasterType:Thesis
Country:ChinaCandidate:W FengFull Text:PDF
GTID:2269330401461519Subject:Labor economics
Abstract/Summary:PDF Full Text Request
Since the1990s, our country manufacturing industry rapid development, become themain drive the national economy sustained and rapid development. China has graduallydeveloped into a leading exporters of manufactured goods, the production of manymanufactured goods are now among the world’s highest, share in the international marketalso increased significantly, this is mainly thanks to manufacturing products of highquality and low price in China. Rich resources and cheap labor has been manufacturingin China to participate in international competition advantage. This kind of comparativeadvantage of low labor costs on the one hand, seriously hindered the technologicalprogress and industrial structure upgrading, on the other hand also weakens theproduction enthusiasm of the laborer, influence the improvement of labor productivity.Although, our country has become a manufacturing power, but not intomanufacturing powerhouse, this is mainly due to the development of our country stillrelies mainly on labor-intensive manufacturing industries, while capital and technologyintensive industry, especially the development of high technology industry is relativelybackward, manufacturing science and technology innovation ability is not strong, scienceand technology and economic development does not adapt, these all seriously restrictingthe sustainable development of China’s manufacturing industry internationalcompetitiveness.In recent years, with the rapid development of our economy and the arrival of lewisturning point, wages rose has become the long-term stable trend, the comparativeadvantage of China’s manufacturing labor costs low is also in gradually disappear. Thisarticle is in this context, research how to wages continue to rise at the same time,continue to maintain and improve the international competitiveness of China’smanufacturing industry.This article first analyze the wages in manufacturing in our country and trendprediction, and that presents a long-term stability of the level of wages rise, at the sametime, through the international comparison with other countries, find that our countrymanufacturing industry labor cost advantage is gradually disappearing. Secondly,in-depth analysis of system the wages rise mechanism of the impact of industry international competitiveness, that wages rise in the short term mainly through promotinglabor costs as well as finished goods prices affect the international competitiveness ofmanufacturing industry. But in the long run, rising wages will motivates employees,improve the quality of the workers and promote the optimization and upgrading ofindustrial structure to have positive effect on the international competitiveness ofmanufacturing industry. Then, by collecting relevant statistics, in recent years ourcountry manufacturing industry labor productivity, industrial manufactured goodsexports increment and the change of export structure empirical analysis on the experience,as wages rise, improve the labor productivity in manufacturing in China, the export ofmanufactured goods incremental has fallen, at the same time, the labor-intensiveproducts account for the proportion of manufactured goods exports shrinking, replacedby the capital and technology-intensive products an increasing proportion ofmanufactured goods exports. International comparison of the results indicates that thelabor productivity of manufacturing industry in our country is still in a low level, capitaland technology-intensive products in the international market share is low, the hightechnology industrial added value accounted for the proportion of the added value ofmanufacturing also has a big disparity compared with the developed countries, whichshows that the international competitiveness of China’s manufacturing industry has yet tobe further improved. Finally, in the full text research conclusion on the basis of putforward the countermeasures and suggestions under the background of rising wagesincreased international competitiveness of manufacturing industry in China.
Keywords/Search Tags:Manufacturing, Wage level, International competitiveness
PDF Full Text Request
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