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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on the Upgrade Path of Global Value Chain of Northeast Equipment Manufacturing Industry Based on Value-added Trade

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DOI: 10.25236/icess.2019.061

Author(s)

Tiantian Chu and Li Jiang

Corresponding Author

Tiantian Chu

Abstract

The research on the upgrading of global value chain (GVC) mostly showed from the national perspective, there was little research on the Northeast China equipment manufacturing industry into GVC and upgrading. Based on the value-added trade, this paper creates analytical framework that reflects the participation and position of regional industries in GVC, which measures and analyses the four Northeast China equipment manufacturing sub-sectors, basic metals and metal products, machinery, electronic and optical equipment, transportation equipment. Upgrade path of the basic metal and metal products industry is proposed from process to product. Machinery realizes functional upgrading. Electronics and optical industry needs to upgrade from product to production process and then to function. Transportation equipment industry needs to build a national value chain (NVC) that interfaces with the GVC to achieve chain upgrade.

Keywords

Value added trade, GVC, Equipment manufacturing, Industrial upgrading