The Definition Of US "Re-industrialization" And Its Enlightment To China

In1950s, the US went through a golden time of the industrialization, after that, theindustry status was depressed in the national economics. Especially after theinternational financial crisis, the US felt that the manufacture faced serious challengesboth on its leading position and competitiveness. In order to cheer up the US economy,the government put forward the strategy of “re-industrialization”. The advocationaroused wide concern and discuss on the economic develop model by the scholars fromdomestic and overseas. As an representation of developed country, there-industrialization of the US is not just a return of the traditional manufacture but away to make a high-end manufacture which is leading by the information and payingmore attention to the technology and talents. This can improve the internationalcompetitiveness and innovation of the manufacture on many aspects such as the cost,effectiveness and the technology.The history of the world economic development tells us,World powers,even somemedium countries,industrialization is an unavoidable part of achievingmodernization.During the thirty years’reform and opening,Chinese economy has gottremendous development,China industrialization has step into a higherphase.However,by the time great achievements have been obtained, we also cannotignore the problems existing in the process of China’s industrial development, such asscience and technology innovation ability is low, low efficiency, serious environmentalpollution, etc.In our country, Change the way of economic growth is also need to beattach importance to,so it is necessary to pay attention to the strategy of“re-industrialization”of the US, because the return policy will have an enormous effecton the world economy, especially as China relies heavily on foreign investment andexternal demand, the impact is to be reckoned with. So in this background, dig theconnotations and essence of the “re-industrialization” of US, analysis of the strategy is along-term strategic orientation of the U.S. economy or just its trade protectionism’s coat,whether re-industrialization strategy of US is feasible, whether it can obtain the desiredeffect is particularly important.This article mainly through the general characteristics of the “re-industrialization”of the developed countries extended to specific studies on general situation of USre-industrialization,and upon this basis,to explore the feasibility ofre-industrialization,as well as enlightment and inspiration our country can get from US re-industrialization,providing policy advice to the industrial development of ourcountry.