Achieving Inclusive Growth in China Through Vertical Specialization

Wei Wang is the Professor of Economics at the Tianjin University of Commerce in the People’s Republic of China. Having written two books and over 20 academic articles and chapters, he remains interested in China’s foreign trade theory and policy.

• 1. Introduction and Overview2. Structural Change and the Evolving Pattern of China’s Free Trade in a Vertically Specialized Perspective3. Vertical Specialization and Expanding Exports during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Imports and Processing Imports on Exports4. Vertical Specialization and Changing Engines of Economic Growth during the Transition in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on GDP Growth5. Vertical Specialization and Rising Employment during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on Labor Market6. Vertical Specialization and Increasing Income during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on Wage7. Vertical Specialization and Lowering Environmental Damage during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on Energy Consumption8. Vertical Specialization and Strengthening Indigenous Innovation during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on Innovation9. Vertical Specialization and Upgrading Utilization of Foreign Capital during the Transition to Inclusive Growth in China: Comparing Impacts of Conventional Trade and Processing Trade Pattern on Foreign Investment10. Concluding Remarks