Research On International Capacity Cooperation Of China-Indochina Peninsula Economic Corridor Based On Regional Value Chain

The global economy has entered a period of low growth.All countries are actively transforming their economic development patterns.In 2013,China put forward the "One Belt And One Road" initiative and international cooperation on production capacity.In order to achieve mutual benefit and win-win results,China also proposed comprehensive cooperation initiatives with many developing countries.Most countries in the china-indo-china peninsula economic corridor are located at the intersection of two continents and two oceans,adjacent to the malacca strait,which is an important land and sea passage.In recent years,the economic cooperation between countries in the china-indo-china peninsula economic corridor has become increasingly frequent,which indicates that the countries in the china-indo-china peninsula economic corridor have great potential for development in international production capacity cooperation.At present,most countries on indo-china peninsula are at the peak of infrastructure construction.Some countries have relatively weak industrial bases and are in short supply of infrastructure construction and manufactured goods.Countries in this region are ideal partners for China to carry out international cooperation on production capacity.Strengthening the international production capacity cooperation between China and indo-china peninsula countries through the "One Belt And One Road" initiative platform is conducive to promoting the adjustment and upgrading of China’s industrial structure,promoting the industrialization of indo-china peninsula countries and promoting new economic growth in the region.Therefore,strengthening international production capacity cooperation has become an important way to promote economic cooperation between China and indo-china peninsula economic corridor.It is of great significance to study the international production capacity cooperation between China and indo-china peninsula.Since the traditional trade statistics system may overestimate China’s trade gains and fail to reflect China’s real status in the value chain,this paper measures the status of the china-indo-china peninsula economic corridor countries in the value chain from the perspective of added value of trade,and discusses the feasibility of regional value chain construction.At the same time,on the basis of the industry transfer theory,this paper analyzes the China and Indochina peninsula countries in the comparative advantages of different industries,the industrial complementarity,the level of intra-industry trade between countries,put forward to realize the mutual benefit and cooperation,promote regional value chain under the background of building industry and the focal points of the international cooperation capacity.