{"title":"International relations through the prism of the new technological division of power","authors":"S. Filipovic, Jelena Ignjatovic","doi":"10.2298/medjp2104637f","DOIUrl":null,"url":null,"abstract":"The aim of this paper is to determine which country has technological\n superiority in the field of industry by analysing the strategic approaches\n to the industrial development of three leading industrial countries\n (Germany, China, and the US), as well as selected indicators of industrial\n development. The results of the research show that China has the most\n ambitious approach and pretension to take a leading position in a large\n number of high-tech industries. Since 2014, China has become the\n second-largest industrial power, right after Germany, while the US has been\n in fourth place since 2017. China leads in terms of the share of industrial\n products in global trade and the share of manufacturing value added in the\n total world gross domestic product. Since 2015, China and Germany have\n developed intensive cooperation in the area of hi-tech industrial\n production, while bilateral relations between China and the US are tight due\n to the trade war. While the US, as the third-largest bilateral trading\n partner of Germany (after China and the Netherlands), is generating a trade\n deficit, China is making a breakthrough towards the European market, which\n is in line with the strategy of taking the position of a global leader in\n high technology.","PeriodicalId":316095,"journal":{"name":"Medjunarodni problemi","volume":"668 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Medjunarodni problemi","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2298/medjp2104637f","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
The aim of this paper is to determine which country has technological
superiority in the field of industry by analysing the strategic approaches
to the industrial development of three leading industrial countries
(Germany, China, and the US), as well as selected indicators of industrial
development. The results of the research show that China has the most
ambitious approach and pretension to take a leading position in a large
number of high-tech industries. Since 2014, China has become the
second-largest industrial power, right after Germany, while the US has been
in fourth place since 2017. China leads in terms of the share of industrial
products in global trade and the share of manufacturing value added in the
total world gross domestic product. Since 2015, China and Germany have
developed intensive cooperation in the area of hi-tech industrial
production, while bilateral relations between China and the US are tight due
to the trade war. While the US, as the third-largest bilateral trading
partner of Germany (after China and the Netherlands), is generating a trade
deficit, China is making a breakthrough towards the European market, which
is in line with the strategy of taking the position of a global leader in
high technology.