New Production Factors and Their Roles in the Upgrading Process of Chinese Textile Industry
Guo Yan School of Business,Beijing Institute of Clothing Technology
For many years,the Chinese textile industry has been striving for improving added value of the traditional industry and maintaining competitive advantages in interna- tional market and the competence for sustainable development. All previous technological revolutions,while introducing new technologies and new production modes to the industry,have also significantly changed the structure and proportion of production factors.The article points out that the Chinese textile industry could improve added value and technological content via adjusting or changing the investment ratio of different production factors and consequently reach the goal of industry upgrading.
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