A Research On The Impact Of Technical Complexity Of Producer Services Import On The Status Of China’s Manufacturing Value Chain

Under the background of global value chain system,the international division of labor is deepening,and the international vertical division of labor and intra industry division of labor are extending to the upstream and downstream of the value chain.While China’s manufacturing industry mainly participates in the global value chain division as the world’s "processing factory",although the increase of the degree of participation in the value chain and the growth of the share of international trade provide a reference for China’s economic development in recent years from the perspective of scale effect,however,with the gradual disappearance of China’s demographic dividend,how to further enhance the division of labor status of China’s manufacturing industry in the global value chain system,transform from a "manufacturing power" to a "manufacturing power",and find a new driving force for China’s economic growth has become an inevitable problem.On the other hand,the technology intensive and knowledge intensive intermediate input of producer services can effectively support the R & D,production and operation of enterprises,promoting the manufacturing enterprises to improve production efficiency and product quality.Based on this situation,this thesis analyzes whether the intermediate input of producer services with high technology complexity in China’s manufacturing production can promote the status of manufacturing industry in the global value chain.Specifically,through the construction of import technology complexity index,this thesis measures China’s import technology level of producer services from the perspective of "quality",decomposes the total output added value of China’s manufacturing industries through the data of inter-country input and output table,and further calculates the index of global value chain status for China’s manufacturing industry,and uses the fixed effect model of panel data to empirically test the results.This thesis analyzes the impact of technical complexity of producer services import on the upgrading of global value chain status of China’s manufacturing industry,and analyzes the heterogeneity of the impact from two perspectives of producer services type and manufacturing industry type.At the same time,this thesis test the robustness of the empirical results of this thesis by using System GMM and replace the explanatory variable and explained variable index algorithm.Finally,this thesis selects innovation level and export structure as mediating variables to build a mediating effect model and tests the transmission mechanism.The findings of this study are as follows:(1)the increase of the overall technical complexity of producer services import in China’s manufacturing industry will significantly improve the level of division status in the global value chain,and the using of high-tech complexity of producer services intermediate investment can effectively help manufacturing enterprises climb to the higher position in the value chain.(2)From the perspective of producer services,the upgrading of import technology complexity of communication,computer and information services and financial services is the most effective to enhance the status of China’s manufacturing in value chain;from the perspective of different types of manufacturing industries,it is found that the upgrading of import technology complexity of producer services has the greatest impact on the status of China’s technology intensive manufacturing in value chain.(3)From the mechanism test of intermediary effect,it is found that the intermediary effect of innovation level and export structure is significant.The import of producer services with high-tech complexity will enhance the global value chain division status of manufacturing industry through two channels of improving the innovation level of manufacturing enterprises and the proportion of high-tech intermediate exports.Based on the above conclusions,this thesis provides policy recommendations for China to achieve efficient utilization of producer services imports and enhance the level of division of status in the global value chain of manufacturing industry.