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"President Trump has raised the intriguing question of bringing the manufacturing of companies like Apple back from China to the U.S. This book, however, argues that in this age of the knowledge-based economy and increased globalisation, that value creation and distribution based on knowledge and innovation activities are at the core of economic development. The double-edged sword of globalization has transformed China's economic development in the past few decades. Although China has benefitted hugely from globalization and is now the second largest economy in the world, having become a global manufacturing power, and the biggest exporter of high tech products, it continues to be highly dependent on both foreign sources of capital and technology. This book will explore the core of the Chinese economy from the perspective of the Global Value Chain (GVC), combining analysis of inward investment, international trade, Science and Technology and Innovation (S&TI) and economic development. Specifically, it investigates China's evolving role in GVCs with some innovative Chinese companies emerging in the global market and China's ongoing efforts to become an innovation-driven economy. China's impressive economic record and experience provides an impressive role model for other developing countries."--Provided by publisher.

Information technology --- High technology industries --- Industrial policy --- Technological innovations --- Economic aspects --- China --- Commerce.

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Cities and towns--Sociology --- Economics [Urban ] --- Economie [Stedelijke ] --- Economie urbaine --- Polarisatie (Sociale wetenschappen) --- Polarisation collective --- Polarization (Social sciences) --- Sociologie [Stedelijke ] --- Sociologie urbaine --- Sociology [Urban ] --- Stedelijke economie --- Stedelijke sociologie --- Steden--Sociologie --- Urban economics --- Urban sociology --- Villes--Sociologie --- Minorities --- Sociology, Urban. --- Economic conditions. --- Socioeconomic status --- Cities and towns --- Political science --- Social groups --- Social influence --- Sociology, Urban --- Economic conditions --- E-books --- City economics --- Economics of cities --- Economics --- Economic aspects