This working paper explores how shifts in governmental policies, workforce demographics, and use of automation are pushing Chinese industry into a new era. Since the late 1970s, China has grown from an inward-looking society to become the world’s factory. The prevalent business model, based on production and export, is becoming a thing of the past. Today, industry in China is poised to become more domestically self-sufficient, service-oriented, and competitive than ever before.
These shifts are not only domestic issues. With most multinational supply chains running through China, industrial shifts are global issues as well. To weather these fast-moving changes, businesses will need to assess their relationship with suppliers and workers. “Optimizing Chinese Industry in the Age of Automation” provides a number of recommendations to prepare the workforce of today for the workplace of tomorrow.
This working paper is part of BSR’s continuing research into good jobs in the age of automation, as well as our work on inclusive economy issues.