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《NANKAI JOURNAL》 2005-06
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From Cheap Laborer Advantage to That of Rare Elements—On the Theoretical Foundation of the New Open Strategy

Zhang Youwen (Institute of World Economy,Shanghai Academy of Social Sciences,Shanghai 200020,China)  
China's strategy to advance "relative advantage of cheap laborer" is rather limited,hence not fit to be set as the country's long run developing strategy.Western international trade and investment theories are not necessarily suit China's own open theory,for all of them are the products of given nations in given histories.It is not possible then to hope them be instantly melted into China's context where elements flow frequently under the condition of economic globalization.Since elements' flow and their rareness determine the interest distribution of global economies,it is reasonable for China's developing strategy to focus on the cultivation of rare advantage elements.
【Fund】: 国家社会科学基金项目(05BGJ002)
【CateGory Index】: F752
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