A PRIMARY APPROACH TO CHINESE STRATEGIC INDUSTRIAL SYSTEM

Generally speaking, strategic industry sectors of a country or an areahave such characteristics as relatively higher growth rate, higher la)'>ur productivity, higher rate of employment, higher technological level, higher rate of technologicalimprovement, more obvious competitive advantages, stronger power and biggerscale, higher demand flexibility and better economic benefit compared with that ofother industrial sectors. Theoretically, each industry can become a strategic industrydepending on strategic task, goal of a given economic development stage and nationalor regional conditions. So, establishing strategic industrial system, as output of thedevelopment of social labour division, is of great significance in both constructing national or regional industrial structure and making out national regional industrial policy. In this paper, the authors made a detailed study on China's strategic industrialsystem by using Weaver-Thomas Model.