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The Technology Policy Frame

In: Economic Transition in Hunan and Southern China

Author

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  • A. S. Bhalla

Abstract

The rapid growth of employment through the state, collective and private enterprises envisaged by the Chinese planners will depend, inter alia, on the nature of the technology used and the product-mix. For example, it is estimated that in 1978 for every million yuans’ investment in heavy industry, jobs can be provided for 94 persons, the same investment in light industry can generate jobs for 257 persons; in the garment trade, arts and crafts and metalware for daily use, and leather and leather products, as many as 800 persons can be employed.1 It is therefore appropriate to examine shifts in Chinese technology policy over time especially since the fall of the ‘Gang of Four’.

Suggested Citation

  • A. S. Bhalla, 1984. "The Technology Policy Frame," Palgrave Macmillan Books, in: Economic Transition in Hunan and Southern China, chapter 3, pages 56-82, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-07207-1_3
    DOI: 10.1007/978-1-349-07207-1_3
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