Volume 35 Issue 5
Apr.  2021
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CHENG Kai, YANG Feng-min. Quality Upgrading of Imported Intermediate Products and Global Value Chain Climbing of Manufacturing Industry[J]. Journal of Guangdong University of Finance & Economics, 2020, 35(5): 35-47.
Citation: CHENG Kai, YANG Feng-min. Quality Upgrading of Imported Intermediate Products and Global Value Chain Climbing of Manufacturing Industry[J]. Journal of Guangdong University of Finance & Economics, 2020, 35(5): 35-47.

Quality Upgrading of Imported Intermediate Products and Global Value Chain Climbing of Manufacturing Industry

  • Received Date: 2020-04-05
    Available Online: 2021-04-29
  • Publish Date: 2020-10-28
  • China is at the middle and low end of the global value chain, and the scale of trade is seriously asymmetry with trade gains. Effective improvement of the level of profitability in the international division of labor and its position in the global value chain is an important proposition in current international trade research. Based on related theoretical models, and Chinese micro-enterprises data, empirical analyses are made on the impact of imported intermediate quality on the global value chain of manufacturing. The results show that the upgrade of imported intermediate quality has positive and negative effects on the status of the manufacturing global value chain, but the overall performance is a promotion; specifically, the promotion of public enterprises is greater than that of foreign-owned enterprises and private enterprises, and the promotion effect on general enterprises is greater than that of processing trade enterprises; from a dynamic point of view, the promotion effect of the upgrading of imported intermediate quality on the rising global value chain of the manufacturing industry will gradually be strengthened. Therefore, enterprises should be encouraged to import high-quality intermediate products, pay attention to innovation on the basis of absorption, strive to create a fair competitive environment, and improve China's technological innovation level as a whole to realize the ascent of China's manufacturing global value chain.
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