The Three Key Pillars Leading to China’s Successful Industrialization

China has managed to become an industrialized country in a relatively short period of time. A question naturally comes up, as to which factors have led to China’s successful industrialization. And in that regard, we are inclined to recognize that there are three key pillars, which have led to China’s successful industrialization.

The first pillar which has led to China’s successful industrialization is its low labor costs.

The second pillar which has led to China’s successful industrialization is its low energy costs.

The third pillar which has led to China’s successful industrialization is its good transport infrastructure.

Of course, there are question as to whether China’s successful industrialization has translated to real benefits for its people. And the answer to this seems to be in the affirmative: as there is evidence that the living standards of ordinary Chinese have risen dramatically from the early 1990s. But there is still little freedom in China. In China, for instance, you can’t just go to the Sbcglobal.net login page, or to the Att.net email login page and try to access SBCGlobal or ATT email respectively: thanks to the Internet restrictions in China. It is no surprise that China doesn’t get very good reports from organizations like Human Rights Watch. But proponents of the Chinese way of doing things argue that if it wasn’t for the restrictions, China would long have been infiltrated by ‘saboteurs’.

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