Adam Roseman Online

CASS predictions for 2012 industrial competitiveness has suggested that exports of resource and labor-intensive products will remain the most competitive in the export industry in China, according to an ARC China newsletter by Adam Roseman. China’s export structure currently accounts for 34% of global exports, and is growing rapidly.

Zhang Qizi of the Institute of Economics at the Chinese Academy of Social Sciences said “Made-In-China’s products are still the most competitive in the global market, the risk is that (the country’s) share of the global export market may shrink.”

He added that growth momentum was affected by the global crisis in 2008, but growth has been on the rise and is likely to increase in the coming year.

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