At present, China’s light industry has some problems in technological innovation, such as poor innovation capabilities, lack of funds for scientific researches and qualified technical personnel, and lag in technical equipment. Therefore, there is a huge space in technological innovation facing China’s light industry. The light industry is an important component of China’s manufacturing industry. The research on technological strategies for the major manufacturing sectors in the light industry is based on the nation’s medium- and long-term goals of “taking a new road to industrialization” and “building a well-off society in an all-round way”, with analysis on technology-related problems facing the major manufacturing sectors in the light industry. It offers technical support to define the national scientific and technological development plans during the 11thFive-Year-Plan period, and also provides evidence for decision-making in defining guiding documents for the scientific and technological development of the light industry. The light industry is ill-equipped and has poor capability for technological innovation. Generally speaking, a majority of light-industry enterprises are equipped with the technical equipment of the level of 1980s or even earlier. There is a big gap from the world’s advanced level. Light-industry scientific research institutes and poorly associated with enterprises and market. Many medium- and small-sized enterprises nearly have not the capability for technological development, with a lack of technical personnel, facilities and funds for scientific researches. In addition, large enterprises fail to make enough investments into scientific research and development. The major manufacturing sectors in the light industry include the papermaking industry, the fermentation and enzyme making industry, the household appliance industry, the leather industry, the detergent product industry, the lighting industry, the battery industry, the plastic industry, the sewing machinery industry and the ceramics industry.
At the beginning of the 21st century, economic globalization, new scientific and technological revolution and corresponding structural readjustment have become the three basic trends, playing a leading role in the development of global economy and exerting considerable influence on China’s economic development.
The economic globalization has accelerated and the economic pattern is undergoing violent changes. Economic globalization has expanded the capacity of global market, generating bigger space for economic development of all countries and bringing more opportunities as well as posing new threats and generating bigger risks. The IT-based new economy has gone through vigorous development and will promote profound readjustment to the global industrial structures. The new technological revolution, represented by information technologies, is underway across the globe, bringing fundamental changes to the global economic growth mode. Based on market, production factors are deployed within the whole world on a large scale, while the global industrial structure is undergoing significant readjustments. All these will provide historic opportunities for the readjustment and development of China’s economy, and speed up the structural readjustment and industrial upgrade of the labor-intensive light industry.
Chapter 4 Analysis on Development of China’s Light Industry in 2008
Generally speaking, the overall production of China’s light industry had maintained stable in 2008. However, the total output value of the light industry was on a declining curve in terms of growth of its total output value, no matter the figure calculated for the period or the accumulated number. The light industry has followed a course from high to low. Affected by factors such as the changing global economic and financial situations, growth of the light industry has slowed down, while some sectors and enterprises have been faced with difficulties. Year-on-year growth witnessed obvious declines. The year-on-year growth stood at only 10.7% in December, much lower than the annual average.
The added value of the light industry reached up to 2623.5 billion yuan in 2008, accounting for 20.3% of China's industrial added value, 8.7% of GDP. From January to December of 2008, the enterprises above the designated size in the light industry had achieved a total of industrial output value of 9389.804 billion yuan, a year-on-year increase of 24.45%. The growth was 4.67 percentage points lower than that of the same period of the prior year. The total cumulative output value of the enterprises above the designated size in the light industry accounted for 65.6% of the total output value of the light industry, while the enterprises below the designated size in the light industry had achieved a total of industrial output value of 4933.655 billion yuan. In 2008, the export of the light industry stood at US $309.2 billion, accounting for 21.7% of China’s total export and 3.4 times of that of 2000. The average annual growth reached 20.2%. The enterprises above the designated size in the light industry had a total of 20.42 million employees in 2008, accounting for 25% of that of the industrial enterprises above the designated size. With the enterprises below the designated size, the whole light industry employed over 35 million people.
Figure 4 3 Output Value and Sales Value of China’s Light Industry as well as Their Year-on-Year Growth in 2008