China’s Experience with Productivity and Jobs
As part of its integration into the world economy, China has undergone massive restructuring of its industrial enterprises and granted market access to foreign and private domestic firms. While these changes have led to enormous productivity gains, they are also closely linked to an important side effect—China is rapidly losing manufacturing jobs. To be sure, the “offshoring” of developed countries’ jobs to China has aided growth. But as this report demonstrates, China is losing many more manufacturing jobs than the developed world (including the United States)—and in many of the same industries where the developed world has seen the greatest declines.
- A Brief History of China’s Market Reforms
- As Reforms Proceed, Jobs are Lost
- What Forces Are Driving China’s Increased Productivity?
- Foreign and Foreign-Invested Firms Continue to Outperform Domestic Enterprises
- Structural Change in the Textile and Apparel Industries
- Productivity Will Continue to Propel Change
- Key Findings
- Table of Matched U.S. and China Industries
- Information on the Study Sample