Comparison of the Influencing Factors of International Competitiveness between China and India Manufacturing Industries
- 10.2991/icesem-18.2018.151How to use a DOI?
- China; India; Manufacturing Industry; International Competitiveness
This paper focuses on the international competitiveness of the manufacturing industries of China and India. Starting from the status quo of the development of the manufacturing industries in both countries, this paper compares and analyzes the influencing factors of international competitiveness. The results show that, the differences between the two countries in advanced production factors are relatively large, but they are similar in basic production factors. For the personnel and knowledge resources, China has a comparative outstanding advantage in terms of higher education enrollment rate, research expenditure, and number of patent applications compared to India. For the labor costs, India's manufacturing costs are more advantageous than that of China. For the capital resources, although India has continuously improved its ability to attract foreign investment in recent years, it is inferior to China. The development of manufacturing can not be separated from the support of related industries. The Indian’s IT industry gives a lot of support to it's manufacturing industry, China is a logistics industry with more advantages. From the standpoint of the government, China's medical system is developing better, but India is lenient on taxation. According to the research conclusion, this paper makes corresponding recommendations for the development of China's manufacturing industry.
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Meijuan Li AU - Yumei Zhang PY - 2018/08 DA - 2018/08 TI - Comparison of the Influencing Factors of International Competitiveness between China and India Manufacturing Industries BT - Proceedings of the 2018 2nd International Conference on Education Science and Economic Management (ICESEM 2018) PB - Atlantis Press SP - 655 EP - 660 SN - 2352-5398 UR - https://doi.org/10.2991/icesem-18.2018.151 DO - 10.2991/icesem-18.2018.151 ID - Li2018/08 ER -