China In Global Value Chains: Opening Strategy And Deep Integration

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China
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FDI
Foreign Value Added
Global Value Chain
Input-Output Table
OFDI
Returned Domestic Value Added
Servitization
Trade Facilitation
Trade Liberalization
Value Added

Product details

  • ISBN 9789811256486
  • Publication Date: 28 Oct 2022
  • Publisher: World Scientific Publishing Co Pte Ltd
  • Publication City/Country: SG
  • Product Form: Hardback
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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.