CHIΝΑ'S STEEL INDUSTRY

The Policy Implications of Technology Transfer to the People's Republic of China

Janice M. Hinton

Expert InsightsPublished 1986

This paper considers the growth of China's steel industry since the inception of the Four Modernizations plan for economic development. The paper focuses primarily on Beijing's decision to import foreign technology to facilitate this development. To analyze the merits of the various policy options open to the Chinese, the author answers the following questions regarding their steel industry: (1) Is importing foreign technology cost-effective? (2) How difficult is it to assimilate modern foreign equipment into China's steel industry? (3) Will foreign technology enable China to attain its goal of self-sufficiency in steel production? (4) What technological innovations can China produce without foreign assistance? Case studies of four integrated iron and steel facilities present four different approaches to producing more and better-quality steel.

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Document Details

  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1986
  • Pages: 203
  • Document Number: P-7245-RGS

Citation

Chicago Manual of Style

Hinton, Janice M., CHIΝΑ'S STEEL INDUSTRY: The Policy Implications of Technology Transfer to the People's Republic of China. Santa Monica, CA: RAND Corporation, 1986. https://www.rand.org/pubs/papers/P7245.html.
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