Research on China’s Industrial Structure Upgrading and Unemployment

DOI

10.2991/978-94-6463-534-8_15How to use a DOI?

Keywords

Industrial upgrading; economic growth; unemployment; labor-intensive; technology-driven

Abstract

China’s rapid economic growth has been accompanied by efforts transition from labor-intensive to technology-driven industries, as exemplified by the “Made in China 2025” (MIC, 2025) initiative. Although this transition aims to enhance economic value, it has also led to significant social challenges, particularly the displacement of low-skilled workers and increasing unemployment due to automation. This study examines the impact of China’s industrial upgrading on unemployment, highlighting skill mismatch and the resulting socioeconomic issues. It proposes that slowing the pace of industrial transition and implementing targeted retraining programs could mitigate these adverse effects and ensure a more balanced and sustainable development trajectory.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Chaoyue Yang
PY  - 2024
DA  - 2024/10/14
TI  - Research on China’s Industrial Structure Upgrading and Unemployment
BT  - Proceedings of the 4th International Conference on Internet Finance and Digital Economy (ICIFDE 2024)
PB  - Atlantis Press
SP  - 153
EP  - 165
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-534-8_15
DO  - 10.2991/978-94-6463-534-8_15
ID  - Yang2024
ER  -