On Relative Advantage of China‘’‘’s Manufacture Industry

作者：LUZheng

摘要：The mechanism of relative cost advantage is still playing a role in the contemporary international division and world trade.China''''s relative advantage is rich labor resource.The high growth of China''''s world trade has benefited from its low labor cost since reform and opening to the outside.As dual economic structure and gap between regions are existed,and at the aame time the supply of labor force is larger than the demand,China''''s relatively low labor cost will continue for a long period of time.However,advantage of low labor cost is comparative and is less obvious in the capital and Hi-tech industries.As many enterprises developed all directions and overstaffed largely offset the advantage of low cost of labor.So improving labor productivity must be paid attention to in market economy.Although low labor cost benefits reducing production cost,it has negative influence,on one hand it leads to flow national welfare in world trade;on the other hand,it both restricts purchasing power of the people with low income and domestic demand.We believe increasing wages of workers in manufacture industry is necessary.

发文机构：InstituteofIndustrialEconomicsCASS

关键词：中国制造业发展趋势企业管理

分类号： F426.4[经济管理—产业经济]