China’s Leadership in the World ICT Industry: A Successful Story of its ‘Attracting-in’ and ‘Walking-out’ Strategy? (China’s Outward and Inward Foreign Direct Investment Policies)

Ning, L.

China’s Leadership in the World ICT Industry: A Successful Story of its ‘Attracting-in’ and ‘Walking-out’ Strategy? (China’s Outward and Inward Foreign Direct Investment Policies)

Ning, L.

Authors

L. Ning

Abstract

This paper questions whether China’s “attracting-in” (selective introduction of inward foreign direct investment, foreign technologies and import) and “walking-out” (export and outward investment expansion) strategies have enabled it to achieve a leadership position in the world information and communication technology (ICT) industry. In 2004, China overtook the US to become the world’s largest ICT exporter. The author argues that “attracting-in” has successfully created favourable conditions for the industry to grow out of China’s transitional economic and political system, but has been unable to facilitate “walking-out” to enable Chinese enterprises to substantially achieve a real leadership position. This is because there is great uncertainty in how to adjust the industrial strategy of the East Asian “catching-up” era to meet the challenges raised by the dynamism of global competition today. Rather than provoking head-to-head competition, China’s rise in the world ICT industry has complemented the increasing specialization of multinational corporations.

Citation

Ning, L. (2009). China’s Leadership in the World ICT Industry: A Successful Story of its ‘Attracting-in’ and ‘Walking-out’ Strategy? (China’s Outward and Inward Foreign Direct Investment Policies). Pacific Affairs, 82(1), 67-91

Journal Article Type	Article
Publication Date	Apr 1, 2009
Deposit Date	Sep 9, 2009
Publicly Available Date	Jan 25, 2010
Journal	Pacific Affairs
Print ISSN	0030-851X
Publisher	Pacific Affairs
Peer Reviewed	Peer Reviewed
Volume	82
Issue	1
Pages	67-91
Public URL	https://durham-repository.worktribe.com/output/1527010
Publisher URL	http://pacificaffairs.ubc.ca/recent/v82no1.html