Chinese industrialization from the New-Developmental perspective

Abstract

The main objective of this paper is to present a synthesis of the Chinese industrialization and evaluate if the New-Developmental Theory is capable of explaining the transformation in its industrial structure. In order to do so, first will be presented a brief review of the New-Developmental Theory; next, through a historical perspective, we’ll describe the Chinese industrialization exposing the convergence points with the theory. Finally, we conclude that the theory is adequate to explain the success of the Chinese industrialization.