Research On The Impact Of Chinese Manufacturing On The International Economic Landscape

With the upgrading of Going Out Strategy and the active promotion of The Belt and Road Initiative,the impact of Made in China on international economic situation had become more and more obvious.This article suggested that the development of Made in China benefited from the dividends of globalization.During the global value chain,Made in China had made full use of comparative advantage to obtain international competitive advantages under the help of government via the accumulation of human capital and increasingly technological advantages.After the financial crisis in 2008,international trades was sluggish and investments was weak.Not only did China not reduce its trades and investments,but China also increased the technological level of Made in China,increased its trade exports and strengthened foreign investment cooperation during this period,which brought fresh energy to the world economy.Since China's key investment region was Asia,this region concentrated major emerging economies and developing countries in the world,the expanding business cooperation drove economic development of these countries,stimulated the rise of emerging economies,which was a new phenomenon to traditional international economic governance.In the aspect of international trades,Made in China had made global trade regional structure divide into three parts.In terms of international investment,Made in China had affected its international investment structure and flow direction due to its huge flow and stock.In the cooperation of international finance,in order to service Made in China better,and safeguarding overseas interests,China had stepped up building an international financial mechanism that was in the interest of emerging economies and developing countries.Now,the most important relation of international economic situation is Sino-U.S.relation.The development of Made in China had a great impact on the United States.As world's largest developing country and developed country,however,the two countries needed wisdom.Only when those two sides stuck with the road of win-win cooperation could the international economic structure guarantee fundamental stability.