Research On The Impact Of Input Service On The Global Value Chain Position Of China’s Equipment Manufacturing Industry

With the continuous changes in the global industrial structure,every link of the manufacturing industry is gradually inseparable from the service factor,and the status of the "service oriented economy" is gradually improving.China is one of the earliest countries in the world to implement the service industry development strategy,but there is still a significant gap compared to developed countries.Therefore,accelerating the transformation and upgrading of the service industry and improving service competitiveness have become an important topic before us in the new era."Made in China 2025" clearly points out that the service-oriented manufacturing industry can optimize the industrial structure and promote the transformation and upgrading of the manufacturing industry,which will be one of the important development directions in the future.Input service refers to a dynamic process in which the proportion of service elements in total manufacturing investment continues to increase.It is a key factor affecting the high-end development of the manufacturing industry,affecting a country’s international competitiveness and thus its global value chain position.Currently,the global value chain is dominated by developed countries,one of the main reasons being its leading position in manufacturing services.With the further deepening of the international division of labor,promoting the further rise of the global value chain position through improving the service-oriented input is one of the important ways for countries to achieve high-quality development.As a basic industry,equipment manufacturing industry is in a central position in any developed industrial system,characterized by high industrial relevance and concentration of technology and funds,providing industrial support for economic growth.Compared to the major equipment manufacturing industry in the world,China’s equipment manufacturing industry,which has developed rapidly over the years,has already possessed significant advantages in terms of scale,but its quality is still clearly in a weak foundation.Compared with the international advanced level,there are significant gaps and shortcomings in core technology,basic component matching,and independent innovation capabilities.It is an indisputable fact that China’s equipment manufacturing industry is still at the middle and low end of the global value chain.In the context of unprecedented changes in a century and China’s new development pattern,high-quality development of the equipment manufacturing industry is a key area for high-quality development of China’s economy.Improving the position of the equipment manufacturing industry in the global value chain has become a major issue that China urgently needs to address at present.Currently,there is little research on the impact of input serviceability on the global value chain position of equipment manufacturing industry in the academic community,especially the impact of distinguishing between domestic and foreign service input sources needs to be further explored.In this context,this article focuses on the impact of input serviceability on the global value and position of China’s equipment manufacturing industry.Firstly,this paper summarizes and comments on the research results at home and abroad on the relationship between input serviceability and the position of the equipment manufacturing industry in the global value chain;Based on a review of industrial relevance theory,service-oriented theory,international division of labor theory,global value chain smile curve theory,and global value chain upgrading theory,this paper summarizes the impact mechanism and proposes three assumptions: first,investment in service-oriented technology can enhance the position of the equipment manufacturing industry in the global value chain;Secondly,when the sources of service inputs are different,there are differences in the impact on the global value and position of the equipment manufacturing industry;Third,investment in service can enhance the position of the equipment manufacturing industry in the global value chain through technological innovation.Secondly,this article analyzes the status of China’s equipment manufacturing industry in the global value chain and the degree of input service.The results show that the scale of China’s equipment manufacturing industry is expanding and the level of input service is also increasing.This article also confirms through empirical analysis that input serviceability has a significant promoting effect on China’s equipment manufacturing industry.At the same time,a heterogeneity analysis is conducted by distinguishing the types and sources of service inputs.The results show that both the input of medium and high technology service elements and domestic service elements will promote the upgrading of China’s equipment manufacturing industry in the global value chain.Service investment and domestic investment services have a significant role in enhancing the position of China’s equipment manufacturing industry in the value chain.Finally,from the perspective of service-oriented investment,this article puts forward policy recommendations for achieving the global value chain climb of China’s equipment manufacturing industry,promoting the development of a service-oriented economy,actively utilizing the service industry,vigorously investing in high-end service elements,encouraging innovation in the equipment manufacturing industry,and coordinating and matching domestic and foreign service investment.