What is going on in Chinese Manufacturing Sector? Facts from China Enterprises - Employees Survey of 1121 Firms
Monday, December 5, 20162:00 PM - 3:30 PM (Pacific)
Doll Conference Room (Room 320)
Gunn-SIEPR Building
366 Galvez Street, Stanford, CA 94305-6015
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In China, rapidly changing prices and structures of the factors of production, cause a series of shocks and opportunities to Chinese manufacturing firms. The traditional image of ‘Made in China’ is undergoing profound changes to counteract the economic shocks. Meanwhile, the supply-side structural reforms proposed by the Chinese government in recent years, provide a basket of policies and financial support for the firms to cope with the pressure of the economic downside risks. Unfortunately, due to the difficulty in collecting data from microeconomic units, both the real status of firms (especially SMEs), or the performance and utility of government policies are difficult to evaluate objectively, not to mention making effective improvement. Therefore, began in 2015, Wuhan University cooperated with Hong Kong University of Science and Technology, Tsinghua University and Chinese Academy of Social Sciences, launched the first ‘China Enterprises - Employees Survey’ (CEES), and the China CEES Database has established. So far, the Database has collected data from more than 1121 Chinese manufacturing sample enterprises and more than 9389 matched sample employees on various aspects, including firm’s basic information, production, sales, innovation, finance, quality and workers for more than 1400 variables in 3 consecutive years (2013, 2014, 2015). The data shows that, Chinese manufacturing sector is undergoing huge changes these years, challenges are there, but more opportunities lie in innovation activities.