Download or read book China's Manufacturing Development and Its Implications for Korea written by Hyun-Tai Lee and published by . This book was released on 2018 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2015, the Chinese government has been strongly promoting its "Made in China 2025" initiative, which aims to accelerate the transformation of China from a "big manufacturing country" into a "world manufacturing power" by boosting manufacturing competitiveness through innovation and nurturing high-tech manufacturing industries. China's "Made in China 2025" strategy is both a threat and opportunity for Korea. This study aims to analyze the development status of Chinese manufacturing industries and the policy of "Made in China 2025," and to provide implications and countermeasures.