The Reconstruction Of International Investment Rules Based On GVCs

The global value chain(GVC)is one of the most critical chains in the global economic cycle.Who occupies the core link of the global value chain,and who controls the flow of wealth and interest distribution in the entire value chain.Global investment competition is also evolving into a "conflict of rules" based on the value chain competition.Although the global value chain has been developing for more than thirty years,and as a new discipline,the theory has been widely concerned by scholars all over the world,and has developed into a relatively complete theoretical system.In the whole 1990 s,Griffin and others didn't get rid of the limitation of commodity concept,and didn't emphasize the importance of value chain creation and value acquisition in the value chain.Until 2001,Griffin and the researchers in the "IDS Bulletin" magazine launched a global value chain issue,"value chain"(The Value of Value Chains),from the perspective of value chain analysis in the process of globalization,that should be the trade in goods and services as a system of governance,and understanding the value chain has a very important significance for the enterprises of developing countries and policy makers,because the value chain formation process is also the enterprise continue to participate in the value chain and gain the necessary technical skills and service support.This special issue has played a milestone in the study of global value chain.In the special issue,many scholars have systematically discussed and analyzed the global value chain from the perspectives of governance,evolution and upgrading of the global value chain,and established the basic concept and basic theoretical framework of the global value chain.Stern(Sturgeon,2001)defines the global value chain from three dimensions: organizational scale,geographical distribution(geographicscale)and productive productive(actor).From the organizational scale,all subjects participated in the global value chain includes a product or service of production activities;from the perspective of geographic distribution,the global value chain must be global;from participation in the main view,there is integration of enterprises,retailers,manufacturers,turnkey suppliers and parts suppliers.He also distinguished the concept of value chain and production network: value chain mainly describes a series of processes of goods or services from production to delivery,consumption and service,and production network emphasizes the essence and degree of relations between a group of related enterprises.The United Nations Industrial Development Organization(UNIDO,2002)in the 2002-2003 year industry development report "competing through innovation and learning"(Competing Through Innovation and Learning)pointed out: "the global value chain is a worldwide for the realization of the value of goods or services with production and sales,recycling process of global the enterprise network organization,ranging from raw materials collection and transportation,semi-finished products and finished products production and distribution,until the final consumption and recycling process.It includes all participants and organizations such as production and sales activities and their value and profit distribution,and supports the organization's capabilities and efficiency through automated business processes,links with suppliers,partners and customers.The definition emphasizes that the global value chain is not only composed of a large number of complementary enterprises,but also a set of enterprise networks linked by various economic activities.The focus of attention is not only the enterprises,but also the contractual relationship and the constantly changing connection mode.Study on the development of the University of British Sussex(Institute of Development Studies)is currently in the global value chain of extensive research,it will be the global value chain is defined as a product in the global scope,from conceptual design to use until scrapped in the whole life cycle of all the value creating activities,including the design of product production,marketing,distribution,and end user support and service etc..Various activities that constitute the value chain can be included within an enterprise,or can be dispersed among enterprises.It can be concentrated within a specific geographic scope,and can also be spread around the world.A separate study of global value chain theory or from the positivist research of international investment rules reconstruction will be this separately,international trade and international investment are two different forms of global value chain,the two were in the flow of goods and capital flow in the form of the invisible value chain of concrete,so that we the value chain formation and to have more clear understanding.In fact,whether it is the global value chain or international trade and investment,is a product of the international division of labor development,will be affected by many comparative advantage,resource endowments and other factors,but these factors have been the object of medium industry or industry for a change in the value chain.It is such a common theoretical foundation that determines the close relationship between the global value chain and international investment.It is the current trend to combine the two.This article is from this perspective to carry out the research.First,this paper analyzes the development of the global value chain,the author selects some typical data analysis,analysis with the development of economic and trade in the global value chain will not change,and the interception of data related to the main countries for statistical analysis,analysis of indicators of global value chain are imported from export and production output etc.the main industry value chain of national data analysis,trying to find some variation from it;then this paper studies deeply on the international investment rules,observe that international investment rules is actually has been in a state of development and changes,changes in development that the economic and trade situation and seems to have great relevance;with the analysis of the global value chain and the international investment rules deeply,can be found in the global value chain is the economic and trade The core of situation development is internal driving the development of international trade and economy,while international investment rule is the external embodiment of international trade and economic development.Rules of origin plays an important role in the international investment rules,in the absence of rules of origin in the case of uniform,countries often use their rules of origin as the implementation of trade protection measures,construction of non-tariff trade barriers to international trade has brought many difficulties and obstacles,along with the rise of the global value chain theory,and development international investment rules,rules of origin in the times,this paper starting from the analysis and demonstration of the rules of origin,changes in the global value chain perspective can explain the rules of international investment rules of origin.