China's economy is shifting from labor-intensive industries to arrears like marketing and the production of high technology products that typically provide higher levels of value.

Question

Quizplus · Accepted Answer

This statement is true. China has been transitioning from labor-intensive industries to industries that focus on higher value products such as technology and marketing. This has been a part of China's efforts to move towards a more knowledge-based economy and increase their global competitiveness.

China's Economy Is Shifting from Labor-Intensive Industries to Arrears Like