The article consist of two parts. The first looks at China's industrial performance in terms of the pace and pattern of industrialization, regional industrial distribution and technological change. This analysis is set in the context of the policy background against which industrial changes were...

As the author sees it, foreign direct investment (FDI) in China is the most dramatic manifestation of China's open-door policy. After discussing the economic importance of the "economically opened coastal areas" (econocoas), he examines overall qualitative trends in foreign investment and its...