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| Order of Global Industrial Division: Characteristics, Challenges and Reconstruction |
| HUANG He, ZHOU Xiao |
| College of International Relations and Public Affairs, Fudan University, Shanghai, 200433 |
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Abstract The contemporary order of global industrial division was established after the Second World War. With the Bretton Woods system as its core, the United States established an order of global industrial division under its leadership. This order is characterized by the fact that it is based on overall national strength, focused on financial power, supported by technological strength, represented by international companies, and guaranteed by the cooperation among developed countries. It is difficult for developing countries to achieve real development under the current order of global industrial division. This is mostly ascribed to the unfair order of industrial division, which is favorable to developed countries. The industrial division structure is not scientific and more dependent on developed countries. The industrial division is not independent enough but more dependent on export markets. The industrial division is backward in technology, and it favors low-end industries. To achieve economic development,developing countries need to build a new order of global industrial division based on diversified industrial division. Diversified industrial division is a more democratic, reliable, safe and smart industrial division order created jointly by relevant developing countries in accordance with their economic conditions with other developing countries or some developed countries. China should play a leading role in the construction of the diversified division order, utilizing the four structural powers of safety, production, finance and knowledge, combining diversified industrial division with the construction of “a community with a shared future for mankind”, so as to promote the rapid development of a diversified industrial division order.
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Received: 18 December 2020
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2021, Vol. 38 
