Opportunity in the financial crisis?
For a long time,China's fast econom-ic growth is heavily dependent on growthof exports,particularly dependent on ex-ports of low value-added,low technologi-cal products.Although the policy-makersand scholars are aware of the importanceand necessity of industrial structure im-provelnents since 1992,it is hard to havea real incentive to promote economic re-structuring under rapid economic growth.