Who Takes the Share of China’s Cake of Manufacturing Export?——From the Perspective of Global Value Chain
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Abstract Since the late 20th century, trade in tasks has become the mainstream of international trade,replacing trade in goods. Adopting a global value chain method based on value added, this paper decomposes the domestic and foreign value in China’s export of manufacturing with different technique levels. It then analyzes the source and composition of foreign value and the actual trade interest distribution between China and her partners.The conclusions include: Firstly, although the export scale of high-tech manufacturing is expanding, the actual profit level is low. The advantage of China’s manufacturing enterprises still lies in low-tech manufacturing. Secondly, about 50% to 70% of the foreign value of China’s manufacturing industry is sourced from major trade partners, accounting for 1% to 10% of the total export. In addition, the lower the technical level, the smaller the corresponding share. Thirdly, the sources of foreign value of China’s export have been increasingly diversified in recent years, especially so in low technical manufacturing industry.
2017, Vol. 34 
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