Paper Title:
Rising Labor Cost and the Comparative Advantage of Chinese Textile Industry Analysis
  Abstract

The textile industry is a typical labor-intensive industry, which is also one of the most comparative advantage industries of China. However, with rising labor cost in recent years, the comparative advantage of Chinese textile industry is facing challenges. Based on the theory of comparative advantage analysis, this article analyzes of the comparative advantages of Chinese textile industry based on the background of rising labor cost while propose that Chinese textile industry shall transfer the Comparative Advantage to Competitive Advantage.

  Info
Periodical
Chapter
Chapter 5: New Trends in Textile Industry
Edited by
Rui Wang and Huawu Liu
Pages
694-698
DOI
10.4028/www.scientific.net/AMR.331.694
Citation
J. Wang, "Rising Labor Cost and the Comparative Advantage of Chinese Textile Industry Analysis", Advanced Materials Research, Vol. 331, pp. 694-698, 2011
Online since
September 2011
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Price
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