Prepared by Yuan Xiao.
See Chapter III.
The classification is based on OECD Science, Technology and Industry Scoreboard 2005. High-technology industries include aircraft and spacecraft; pharmaceuticals; office, accounting, and computing machinery; radio, TV, and communications equipment; and medical, precision, and optical instruments. Medium-high-technology industries include electrical machinery and apparatus; motor vehicles; trailers and semi-trailers; chemicals excluding pharmaceuticals; railroad equipment and transport equipment; and machinery and equipment. Medium-low-technology industries include building and repairing of ships and boats; rubber and plastics products; coke, refined petroleum products, and nuclear fuel; other non-metallic mineral products; and basic metals and fabricated metal products. Low-technology industries include wood; pulp; paper; paper products; printing and publishing; food products, beverages, and tobacco; and textiles, textile products, leather, and footwear.
For example, the establishment of a Volkswagen plant in Portugal has led to increasing vehicle exports. In 2006, 98 percent of vehicles made in the Volkswagen plant were for export to destinations such as Germany, UK, Australia, Spain, France, and Italy.