The Characteristics Of China's Participation In The Global Value Chain Trade Structure

Since the 21 Century,the way of international trade has changed radically,and the trade of intermediate goods in place of final goods has become the main form of modern trade,and "the repeated calculation problem"in the statistics of the traditional trade value.Prominence can no longer reflect the actual export of a certain country's product exports.Based on the world input-output table provided by WIOD,this paper draws on the decomposition method of a country's product export by Wang Zhi and so on.The total export of each product sector in China for 2000-2014 years is divided into 16 parts according to the difference of source and absorption,and the actual export volume in the total export of China's departments and the global export are examined according to the results of the decomposition.The change of value chain status,according to the result of decomposition,I calculated the widely used global value chain indexes,such as vertical specialization,global value chain participation index,global value chain status index,and the primary products and capital industry,manufacturing and service industry in China's total export and sub major industries.In this paper,we found that the global value chain of Chinese products has a high degree of participation,but the position of value chain is low.In general,the status of global value chain in labor intensive industries is declining,and the index of knowledge intensive industries is increasing.By subdividing the internal industry of the manufacturing industry,this paper also finds that the technology manufacturing industry is at the top of the global value chain,the high manufacturing industry is at the lowest end of the global value chain,and the low technology manufacturing industry is between them,and the increase of the export of intermediate goods will enhance the position of the product in the global value chain,and join the WT O and the global financial crisis have caused great impact on the export of Chinese industries.The number of China's exports has fallen seriously before and after the two event,and the status of the global value chain has also declined.