Chinese economic reforms, the next round – impacts on Sino-African economic cooperation?

Daouda Cissé

Abstract


During the last three decades, China has experienced a remarkable economic growth
not yet achieved by any other country in the world. This boom has been centred on
export-driven economy based on the competitive advantage that China has always
benefited through its cheap (and abundant) human power and consequently low
production cost in its manufacturing industries in the Southern provinces. With its
reforms, this trend is meant to change and will probably affect Sino-African economic
ties. The transition from low and middle incomes to high-income will be a challenge for
Chinese officials and the path to success in China is changing now.
Since last year, China‟s central government (via its 12th five year plan) has
announced social measures to improve the life of the numerous population in the
underprivileged zones and the millions of migrant workers (民工/mingong) who work in
construction and heavy industries and contribute tremendously to China‟s economic
rise and modernisation. The reforms, among others, include an increase of wages and
the controversial hukou system. Yet, even though the salaries have improved, the
second, more substantial reform remains problematic.

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DOI: https://doi.org/10.7552/70-0-89

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