U.S. Re-industrialization And Its Influence To China’s Location In The Global Industrial Chain

Haven been hit by the financial crisis in 2008,U.S.-led developed countrys have realized that our economic and social can not be long-term developmented without the full deveolpment of secondary industry.In 2009,Obama implemented re-industrialization policy,This paper briefly describes the meaning of the re-industrialization,and use the proportion of secondary industry’s output in GDP, Purchasing Managers Index and the net exports these four indicators to measure the effect of the U.S. Re-industrialization on GDP,employment,manufacturing and international trade.Combined with the current development of China’s manufacturing, analytical opportunities and challenges US "re-industrialization" will bring to Chinese low-end, midrange and high-end manufacturing.Besides,analyze the influence of U.S. re-industrialization to the low-end manufacturing and high-end manufacturing’s of China,and China’s location of the global industrial chain,and at the last part put forward countermeasures and suggestions.Analysis the present stage of our location in the value chain and the causes.Propose two ways to enhance our position in the value chain: the foreign direct investment and processing trade,and these are the two ways the global industrial transfer which is driven by United States’ re-industrialization ".So I chose these two variables as explanatory variables affect our position in the value chain,select export similarity to represent China’s position in the value chain, Through regression analysis, analyze foreign direct investment and export processing trade’s impact on our export similarity, and then come to the influence what United States "re-industrialization"effect on our position in the global industrial chain.In the final chapter,I analyze how to deal with the United States’low-end manufacturing transfer to other developing countrys, and how to undertake the United States’s high-end manufacturing’s transfer, and push China into the high-end of the global value chain.