China In Global Value Chains Opening Strategy And Deep Integration

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China In Global Value Chains: Opening Strategy And Deep Integration

Author : Bin Liu,Chuanchuan Li
Publisher : World Scientific
Page : 358 pages
File Size : 42,9 Mb
Release : 2022-10-04
Category : Political Science
ISBN : 9789811256509

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China In Global Value Chains: Opening Strategy And Deep Integration by Bin Liu,Chuanchuan Li Pdf

International trade in the 21st century is characterized by the emergence and development of Global Value Chains. With the reform and opening-up deepening, China has become an important participant and practitioner of global value chains, a staunch supporter and defender of the multilateral trading system, and a contributor to and beneficiary of economic globalization. This book provides an insightful analysis of the pathways for China to upgrade in global value chains based on the country's opening strategy from the perspectives of tariff, trade facilitation, foreign direct investment, outward direct investment, opening-up of the service industry, and servitization in the manufacturing industry. It also offers best practices for theoretical and empirical studies in global value chains with sophisticated and widely-used econometric methods.

China in Global Value Chains

Author : Bin Liu,Chuanchuan Li
Publisher : World Scientific Publishing Company
Page : 0 pages
File Size : 51,6 Mb
Release : 2022-09
Category : China
ISBN : 9811256489

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China in Global Value Chains by Bin Liu,Chuanchuan Li Pdf

International trade in the 21st century is characterized by the emergence and development of Global Value Chains. With the reform and opening-up deepening, China has become an important participant and practitioner of global value chains, a staunch supporter and defender of the multilateral trading system, and a contributor to and beneficiary of economic globalization. This book provides an insightful analysis of the pathways for China to upgrade in global value chains based on the country's opening strategy from the perspectives of tariff, trade facilitation, foreign direct investment, outward direct investment, opening-up of the service industry, and servitization in the manufacturing industry. It also offers best practices for theoretical and empirical studies in global value chains with sophisticated and widely-used econometric methods.

China in Global Value Chains

Author : Bin Liu (Economist),Chuanchuan Li
Publisher : Unknown
Page : 0 pages
File Size : 44,8 Mb
Release : 2022
Category : China
ISBN : 9811256497

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China in Global Value Chains by Bin Liu (Economist),Chuanchuan Li Pdf

International trade in the 21st century is characterized by the emergence and development of Global Value Chains. With the reform and opening-up deepening, China has become an important participant and practitioner of global value chains, a staunch supporter and defender of the multilateral trading system, and a contributor to and beneficiary of economic globalization. This book provides an insightful analysis of the pathways for China to upgrade in global value chains based on the coutry's opening strategy from the perspectives of tariff, trade facilitation, foreign direct investment, outward direct investment, opening-up of the service industry, and servitization in the manufacturing industry. It also offers best practices for theoretical and empirical studies in global value chains with sophisticated and widely-used econometric methods.

Decoding China's Export Miracle: A Global Value Chain Analysis

Author : Yuqing Xing
Publisher : World Scientific
Page : 214 pages
File Size : 47,7 Mb
Release : 2021-03-17
Category : Business & Economics
ISBN : 9789811229640

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Decoding China's Export Miracle: A Global Value Chain Analysis by Yuqing Xing Pdf

In less than three decades, China has emerged as the world's largest exporting nation with more than $2 trillion exports annually. China's quick rise as a leading exporter in the world is an unprecedented miracle. There are many theories explaining this miracle. This book adopts the global value chain (GVC) approach to analyze the Chinese export miracle over the last four decades. It focuses on the tasks rather than the gross export value and emphasizes the organizations of modern trade rather than the national comparative advantage. The GVC approach systematically explains how, in less than four decades China has evolved from a closed economy to the world's No. 1 exporting nation; why China, a developing country, has exported more high-technology products than labor-intensive products to the US; and why almost half of the US trade deficit has originated from China.The book identifies three spillover effects of GVCs that originated from brands, technology and product innovation, and distribution and retail networks of GVCs lead firms. It argues that China's deep integration with GVCs has been a decisive factor for China's emergence as the world's No.1 exporting nation and the champion of high-technology exports. In addition, this book uses iPhone trade and the operation of Apple, the largest factory-less American manufacturer, to explain how current trade statistics exaggerate China's exports to and its trade surplus with the US on the one hand, and underestimate US exports on the other hand.By using the experience of the Chinese mobile phone industry, the book argues that the GVC strategy can be a short-cut for developing countries to achieve industrialization and enable firms of developing countries to enter high-technology sectors despite their intrinsic disadvantages. At this end, the book also discusses the future trajectory of China-centered GVCs under the shadow of the US-China trade war and the COVID-19 pandemic.

China and Global Value Chains

Author : Yutao Sun,Seamus Grimes
Publisher : Routledge
Page : 166 pages
File Size : 41,8 Mb
Release : 2017-12-15
Category : Business & Economics
ISBN : 9781351972987

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China and Global Value Chains by Yutao Sun,Seamus Grimes Pdf

President Trump has raised the intriguing question of bringing the manufacturing of companies like Apple back from China to the U.S. This book, however, argues that in this age of the knowledge-based economy and increased globalization, that value creation and distribution based on knowledge and innovation activities are at the core of economic development. The double-edged sword of globalization has transformed China’s economic development in the past few decades. Although China has benefitted from globalization and is now the second largest economy in the world, having become a global manufacturing power and the biggest exporter of high-tech products, it continues to be highly dependent on foreign sources of capital and technology. This book will explore the core of the Chinese economy from the perspective of the Global Value Chain (GVC), combining analysis of inward investment, international trade, Science and Technology and Innovation (S&TI) and economic development. Specifically, it investigates China’s evolving role in GVCs with some innovative Chinese companies emerging in the global market and China’s ongoing efforts to become an innovation-driven economy. China’s impressive economic record and experience provides an impressive role model for other developing countries.

China’s New Development Strategies

Author : Gary Gereffi,Penny Bamber,Karina Fernandez-Stark
Publisher : Springer Nature
Page : 303 pages
File Size : 46,9 Mb
Release : 2022-09-17
Category : Business & Economics
ISBN : 9789811930089

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China’s New Development Strategies by Gary Gereffi,Penny Bamber,Karina Fernandez-Stark Pdf

This book examines China’s new development policies, which seek to reposition China from export platform for a diverse array of low-cost consumer goods to technological leader in sectors linked to advanced manufacturing, artificial intelligence, electric vehicles, e-commerce, and new internet-related production networks oriented to China’s large domestic market. Focusing on the post-2010 period, the book shows how China’s central government programs and reforms (“upgrading from above”) are coupled with a wide variety of local government policies, firm strategies, and domestic economy shifts (“upgrading from below”) that link China’s top-down programs into industrial growth on the ground. Placing China’s current development push within a global value chain (GVC) context shows how Chinese development strategies and the global economy remain intertwined. This volume brings together international GVC experts and China-based researchers who have carried out detailed fieldwork and industry specific quantitative analyses of GVCs and development with important implications for policymakers in both developed and developing economies.

Transformation Through Global Value Chains

Author : Behnam N. Tabrizi,Mitchell M. Tseng
Publisher : Unknown
Page : 360 pages
File Size : 50,9 Mb
Release : 2022
Category : BUSINESS & ECONOMICS
ISBN : 1503626172

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Transformation Through Global Value Chains by Behnam N. Tabrizi,Mitchell M. Tseng Pdf

China is inevitably becoming a giant in the world economy. All international companies in the United States have a presence in China, and many international Chinese companies have a presence in the United States. These companies face complex challenges in their global value chain: strategy, sales and marketing, supply chain management, information technology, and production. This book examines case studies from companies who have successfully navigated this new market environment. The book starts with strategy as a fundamental stage in the value chain. It then proceeds to explore globalization of sales and marketing, logistics and supply chain challenges of supporting global operations, necessary changes to the IT system capabilities as firms begin to address new markets, and finally, efficient and competitive production processes. The book will be valuable to managers who are looking for tools that have been used successfully by industry leaders, as well as to instructors who would like to use real-world practice to educate future managers and decision makers.

Geopolitics, Supply Chains, and International Relations in East Asia

Author : Etel Solingen
Publisher : Cambridge University Press
Page : 321 pages
File Size : 46,9 Mb
Release : 2021-05-06
Category : Business & Economics
ISBN : 9781108833561

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Geopolitics, Supply Chains, and International Relations in East Asia by Etel Solingen Pdf

An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.

An Investment Perspective on Global Value Chains

Author : Christine Zhenwei Qiang,Yan Liu,Victor Steenbergen
Publisher : World Bank Publications
Page : 373 pages
File Size : 44,9 Mb
Release : 2021-06-15
Category : Business & Economics
ISBN : 9781464816840

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An Investment Perspective on Global Value Chains by Christine Zhenwei Qiang,Yan Liu,Victor Steenbergen Pdf

This report investigates the role of foreign direct investment (FDI) in helping developing countries participate in global value chains (GVCs). It combines the perspectives and strategies from three types of players: multinational corporations, domestic firms and governments. It aims to provide practical guidance for developing countries to develop strategies that use FDI to strengthen GVC participation and upgrading. The report has six main chapters: 1. FDI and GVCs. Assesses the trade-investment nexus and analyzes the effect of FDI in countries’ GVC participation and upgrading at the country level. 2. MNCs shape GVC development. Highlights MNCs' contribution to global economy and how their business strategies shape the evolution of GVCs. The chapter also compares MNCs' business strategies in terms of outsourcing and offshoring, risk mitigation and increasing market power across GVC archetypes. 3. Domestic firm perspectives on GVC participation. Looks at the various paths domestic firms can take to internationalize their production and trade. Investigates domestic firm characteristics that predict higher GVC participation, and the effect of GVC participation on firm performance. 4. Investment policy and promotion: what is in a government’s toolbox? Summarizes the various policy instruments governments have at their disposal to help attract MNCs to their country and facilitate GVC participation of domestic firms. 5. Integrating countries into GVCs. Draws on a range of case studies to illustrate how governments can develop coherent strategies and policy packages to integrate their countries into GVCs. 6. FDI and GVCs in the wake of COVID-19. Reflects the impact of COVID-19 on FDI and GVCs, the response from multinationals and suppliers, and the implications for GVC reconfiguration. In addition, there are seven case studies that offer more nuanced analysis on the GVC participation in selected countries and sectors: • Five qualitative case studies: Five countries have been selected that managed to use FDI to stimulate GVC participation using a range of approaches. By design, these five countries also cover five different GVC archetypes. These countries are: (1) Kenya (horticulture); (2) Dominican Republic (textiles); (3) Mauritius (tourism); (4) Malaysia (electronics); (5) China (software). • Two quantitative case studies: Rwanda, West-Bengal (India). These use a combination of firm- and transaction level datasets to study firm-level dynamics that explain the role of multinational and domestic firms across GVCs.

Measuring and Analyzing the Impact of GVCs on Economic Development

Author : World Trade Organization
Publisher : World Trade Organization
Page : 0 pages
File Size : 53,8 Mb
Release : 2017
Category : Political Science
ISBN : 9287041253

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Measuring and Analyzing the Impact of GVCs on Economic Development by World Trade Organization Pdf

This report is about a huge contribution to our deepening understanding of what the global economy really means and how it is changing. The report helpfully distinguishes elements of an economy that are tradable and the large set that are non-tradable. Clearly the tradables set is expanding with the support of enabling technology. The report argues that connectivity in the networks that define the evolving architecture of GVCs is important. This Global Value Chain Development Report is the result of intensive and detailed work in assembling and analyzing data on the structure of economies and on how they are linked. It creates a much clearer picture of evolving patterns of independence. It also presents a much clearer picture of comparative advantage. --Publisher description.

Global Value Chain Development Report 2021

Author : Banque asiatique de développement,WORLD TRADE ORGANIZATION SECRETARIAT.
Publisher : Unknown
Page : 0 pages
File Size : 55,5 Mb
Release : 2022-01-25
Category : Business logistics
ISBN : 9287054290

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Global Value Chain Development Report 2021 by Banque asiatique de développement,WORLD TRADE ORGANIZATION SECRETARIAT. Pdf

A radical shift is underway in global value chains as they increasingly move beyond traditional manufacturing processes to services and other intangible assets. Digitization is a leading factor in this transformation, which is being accelerated by the coronavirus disease (COVID-19) pandemic. The Global Value Chain Development Report, the third of a biennial series, explores this shift beyond production. The report shows how the rise of services value chains offers a new path to development and how protectionism and geopolitical tensions, environmental risks, and pandemics are undermining the stability of global value chains and forcing their reorganization geographically. It is co-published by the WTO, the Asian Development Bank, the Research Institute for Global Value Chains at the University of International Business and Economics, the Institute of Developing Economies, and the China Development Research Foundation.

The Restructuring of Global Value Chains

Author : Yunshi Mao
Publisher : Springer Nature
Page : 368 pages
File Size : 44,5 Mb
Release : 2022-05-26
Category : Business & Economics
ISBN : 9789811916939

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The Restructuring of Global Value Chains by Yunshi Mao Pdf

This book discusses the feasible breakthrough of emerging economy enterprises in participating the international division of labor led by developed countries and gradually standing at the top end(s) of the value chain based on a deep understanding of the practice and upgrading opportunities of Chinese enterprises. On the basis of re-understanding the theory of global value chains, this book puts forward and expounds the concept of restructuring the global value chain. This book analyzes the background,motivations, paths and effects of enterprises in emerging economies to reconstruct the global value chain and develops a theoretical system to explore the deep-seated logic behind enterprise upgrading. This book concludes that the transformation and upgrading of Chinese enterprises are the most critical initiatives in seeking a new balance in the world economy. This book involves dozens of manufacturing enterprise cases in Chinese mainland and Taiwan. It is of great value to the research and policy study of enterprise upgrading and the participation in global competition.

World Development Report 2020

Author : World Bank
Publisher : World Bank Publications
Page : 511 pages
File Size : 52,6 Mb
Release : 2019-11-19
Category : Business & Economics
ISBN : 9781464814952

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World Development Report 2020 by World Bank Pdf

Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.

China and the World Economy

Author : Jin Zhang,Zhang Laiming
Publisher : Routledge
Page : 316 pages
File Size : 45,7 Mb
Release : 2017-09-22
Category : Social Science
ISBN : 9781351731454

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China and the World Economy by Jin Zhang,Zhang Laiming Pdf

This book brings together leading international scholars and leading scholars from China’s highly prestigious Development Research Centre of the State Council of the People’s Republic of China, who all put forward their insights into the current challenges for the Chinese and the world economy. The book focuses on six topics: economic growth, trade, industry and services, innovation, finance, and environment and ecology, all of which are central to the sustainable economic growth of China and the world. Overall, the book provides balanced perspectives as well as rich empirical evidence from China and other parts of the world on the development and regulation of the Chinese and the world economy.

Transition and Opportunity

Author : Huiyao Wang,Lu Miao
Publisher : Springer Nature
Page : 246 pages
File Size : 53,8 Mb
Release : 2022
Category : Asia
ISBN : 9789811686030

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Transition and Opportunity by Huiyao Wang,Lu Miao Pdf

This book is open access under a CC BY-NC-ND 4.0 license. Multinational corporations (MNCs) have long played a crucial role in the Chinese economy. This role is one that is set to continue in the post-pandemic era as China works to transit to a high-quality growth model that is more sustainable and innovation-driven. With global experience and front-line involvement in some of the most pressing economic, technological, and environmental issues of our day, leading figures in MNCs and chambers of commerce are well placed to share insights that could potentially contribute to policymaking and development strategies so that everyone can “make the most” of China’s future. This collection of essay aims to share these invaluable insights with a wider audience, offering balanced and diverse perspectives from companies and advocacy groups working on a range of issues related to China’s domestic development, international economic cooperation, and China-US competition. These insights are useful not only for the wider business community, but also for academics, policymakers, students, and anyone trying to deepen their understanding of this exciting period of “transition and opportunity,” and make the most of China’s bright future. .