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Research On The Impact Of Export-Oriented Support Of Chinese Manufacturing On The Value-Added Trade Network Status Of “Belt And Road” Countries

Posted on:2024-02-02Degree:MasterType:Thesis
Country:ChinaCandidate:D YangFull Text:PDF
GTID:2569307085998419Subject:International Trade
Abstract/Summary:PDF Full Text Request
In recent years,profound changes have taken place in the economic environment both at home and abroad.Based on the theme of the times,China has put forward “Belt and Road” initiatives that will benefit the world.Since the implementation of the initiative,the Chinese government has fully allocated domestic manufacturing resources and invested heavily in infrastructure and energy development in countries along the “Belt and Road” routes in line with the principle of cooperation through consultation,joint contribution and shared benefits.With the increasingly complex division of labor in the world manufacturing industry,the deep-seated contradictions in China’s manufacturing industry,which has been deeply integrated into the global division of labor system in the past 40 years,have gradually emerged,this is reflected in the“Low-end manufacturing products,low-price competition,high-end manufacturing technology imported from abroad,” the contradiction.In order to anchor the division of Chinese manufacturing in the manufacturing network woven by the“ Belt and Road ” countries,exploring the supporting role of Chinese manufacturing in the value-added trade networks of countries along the “Belt and Road”,this paper then studies the impact of export-oriented support of domestic manufacturing enterprises on the status of manufacturing division of labor in the“Belt and Road” countries.The article analyses the history,current situation and future of China’s impact on manufacturing exports in the “ Belt and Road ”countries,and using the complex network research method to construct the export value-added network of the“Belt and Road”countries to restore the development of Chinese manufacturing industry.By analyzing the network supporting model of manufacturing industry,this paper probes into the development characteristics of high quality and high level in China,and studies the development process of China’s integration into international value chain.In order to solve the existing problems and verify the hypotheses,the classical trade theory and social network analysis method are introduced.In this paper,we choose to build a network model of manufacturing value-added trade among countries along the“Belt and Road”,and select input-output data among countries from 2005 to 2016,in order to reduce the extra influence of the large amount of intermediate product data in EORA26 MRIO database on the results during the construction of the network,the method of selecting threshold value in relevant literature was chosen to process the basic data,an aggregate of one million was selected as the threshold for the support network,and an overall characterization of complex networks greater than or less than $1 million was then performed.Finally,with the help of empirical research methods,the following conclusions are drawn:A network analysis of selected thresholds at different levels of trade reveals that there is both co-operation and competition in trade in manufactured goods between China and the “Belt and Road” countries.At the end of the 20 th century and the beginning of the 20 th century,there was industry competition between Chinese manufacturing exports and the “ Belt and Road ” countries,which manifested itself in the export of large-value manufactured goods,countries along the “Belt and Road line” are increasingly linked to each other,but there is also cooperation,with less value added of small manufactured exports and more frequent links between countries,and since the initiative was launched in 2013,in the whole network,the number of small-value-manufacturing-related edge continues to decrease,while the number of large-value-manufacturing-related edge gradually increases.The status of China’s manufacturing division in the countries along the “Belt and Road ” is in the middle level,but it occupies a dominant position in the value-added trade network.Based on the analysis of traditional division of labor status indicators,it is concluded that China is in the “Upstream” position in the value chain division of labor,compared with the countries along the “Belt and Road”,such as Belarus,Afghanistan,Yemen,etc.Compared with Southeast Asian countries such as Vietnam and Malaysia,China’s division of labor status is embedded in the “ Upstream ” position of the global value chain;However,compared with developed countries such as Hungary and Singapore,China’s position in the division of labor is relatively low.According to the empirical analysis,the division status of global value chain may be related to the economic development gap between importing and exporting countries,the greater the difference in GDP between the two countries,the greater the difference in the embeddedness of manufacturing in global value chains between the two countries under the control of other variables.As the main supporting country of the manufacturing value-added trade network,China has a significant positive impact on the promotion of the Belt and Road division of manufacturing.According to the theory of industrial integration and outward support integration,the outward support of China’s manufacturing industry means that the wider the demand scope of China’s manufacturing products for other countries,the deeper the level of support,the more “Belt and Road” countries need Chinese-made goods.According to value-added network analysis,from 2005 to 2016,China as a supplier to more countries to provide the required manufacturing,China’s export-oriented support capacity increased year by year.The spatial spillover effect of Chinese manufacturing support has an important impact on the development of manufacturing industry in the countries along the “Belt and Road”.Through empirical model analysis,it is found that the spatial spillover effect is the main inducement leading to the continuous improvement of labor productivity in China’s neighboring countries.A more general result shows that the smaller the geographical distance between countries along the “Belt and Road”,the smaller the difference between the manufacturing status of exporting countries and that of importing countries;The farther the geographical distance between the two countries,the greater the gap between the manufacturing exports of the exporting countries and the division of labor status of other countries.As a result,the spatial spillover effects of technological capabilities between countries will decrease as their positions in the division of labour in the world value chain systems become more diverse.The difference between FDI and R & D capability of importing and exporting countries is an important factor that determines the difference of the status of the two countries in the division of labor.This is manifested in the impact of OFDI on the value added of a single manufacturing product by influencing the domestic labor productivity and factor endowments of the host country,R&D investment can enhance the value added of export per unit output by upgrading the technology level of the country,both of which play an important supporting role in the network.At the same time,the empirical results show that the smaller the gap between the two countries in the division of labor status,the smaller the gap between the two countries in R&D investment,or the higher the level of export-to-import country investment.To sum up,there are mutually beneficial and win-win development opportunities between China and the “Belt and Road” countries.At present,China urgently needs to establish a modern industrial system to meet the needs of today’s social development.China’s manufacturing industry should adhere to innovation-driven export,promote a virtuous circle of manufacturing import and export,and expand world cooperation partners,complete the industry update iteration.
Keywords/Search Tags:Export-oriented Support, Value-added network, Division of Labor in Manufacturing, Countries Along the “Belt and Road”
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