The world is expecting China to rebalance its growth from investment and export to more domestic consumption. That shift would not only stabilize the Chinese economy; it would also create more opportunities for other countries. Yet, this paper finds that the new leadership does not have concrete plans to do so. Moreover, a review of important policy documents reveals that it is set to make another major push for industrialization through export. This is mostly because the government considers that the large investments in the industrial sector are not exceptional and because of geoeconomic objectives, that is, the attempt to establish competitive national industrial champions and to change the global order to China’s benefit. As a result, more sophisticated export promotion policies are put in place. Yet, China might increasingly find its export ambitions incompatible with the promise to build so-called win-win relations.
Original languageEnglish
Pages (from-to)173-184
Number of pages12
JournalAsia Europe Journal
Issue number2
Publication statusPublished - 1 Oct 2016

    Research areas

  • China, Trade

ID: 28978608