| In November 2020,General Secretary Xi Jinping pointed out at the Central Work Conference on the Comprehensive Rule of Law that: human society is in a special historical period,the world economy is in deep recession,the global industrial chain,supply chains have been hit,unilateralism and protectionism,the rise of bullying practices,economic globalization has encountered a counter-current,making the risks and uncertainties of the world economy more serious.In the face of profound changes in the world situation,China urgently needs to find a path to maintain stable economic development and seize the opportunity to develop its industrial and supply chains.This is a strategic choice to reshape China’s new advantages in international cooperation and competition".It can be seen that one of the important objectives of the new development pattern is to reshape China’s new advantages in international cooperation and competition.By combing through the literature,this paper has anchored"building a new development pattern based on the smooth circulation of the national economy" in the measurement of the level of development of the "dual circulation",and "reshaping China’s new advantages in international cooperation and competition "The new development pattern of the double-loop is measured in terms of the participation in the national value chain division of labour,and the global value chain division of labour(GVC)and the domestic value chain division of labour(NVC)are combined into a unified analysis framework,and the participation in the manufacturing value chain division of labour is measured under the unified framework of NVC and GVC.Firstly,we sort out the theoretical logic between the new development pattern and the reshaping of China’s new competitive advantage in cooperation,build a theoretical framework,and answer three questions: why should the new competitive advantage in cooperation be reshaped,why must the reshaping of the new competitive advantage in cooperation rely on the new development pattern,and how to cultivate the new competitive advantage in cooperation under the new development pattern;secondly,we compile the input-output table of China’s regions embedded in the international in 2012,prepare an operation code Finally,an econometric analysis framework was established to effectively link GVC with the external cycle,NVC with the internal cycle and NGVC with the internal and external cycles,to empirically test the theoretical logic of "dual circulation" promoting the upgrading of the value chain,and to explore how"dual circulation" can enhance the participation in the division of labour in the manufacturing industry."The study finds that: the development of China’s manufacturing industry is generally characterized by a high degree of participation in the value chain.The study finds that: there is a general "local preference" effect in China’s current manufacturing development,and it is more obvious in the central and western regions;relying on the international circulation has caused the current situation of "low-end locking" in China’s manufacturing industry;The new development pattern of "dual circulation",with the major domestic cycle and the domestic and international double-loop promoting each other,can promote the increase of participation in the division of labour in the national value chain of the manufacturing industry,and promote the value chain to get rid of the low-end lock and climb up to the middle and high end. |
