Research On The Influence Of Servitization Of Chinese Manufacturing Industry On "The Belt And Road" Trade Network Structure

With the development of the "Belt and Road",countries along the belt and road have gradually become the most important trading partners of China,and the "Belt and Road"economic and trade cooperation network constructed by trade relations has been formed.In the context of the high-quality development of the "Belt and Road",China’s manufacturing industry has been deeply embedded in the global value chain and economic and trade network.Its development and upgrading are not only restricted by the global economic and trade network,but also have an impact on the global economic and trade network.China’s manufacturing servitization will be further upgraded in the future.What impact will it have on the trade network of the "Belt and Road"?Will it promote the realization of the goal of building a community with a shared future for mankind?This has become an important topic with practical value which urgently needs to be studied.First of all,according to the review of international trade theory and the relevant literature,the theoretical mechanism of the influence of China’s manufacturing servitization on the "Belt and Road" trade network structure has been established.Then,the complete consumption coefficient index was used to measure the servization level of China’s manufacturing industry.Meanwhile,the overall network density,graph degree centrality and characteristic path length index of social network analysis were used to analyze the evolution of the "Belt and Road" trade network structure from three aspects of trade network tightness,centrality and relevance.By comparing the trend graph of the two over time,the influence relationship between the two was judged from experience.Finally,based on the stability test and cointegration test of time series data,the VEC econometric model was established.Through the analysis of the estimated results of the model and impulse response function analysis,we empirically examine the impact of manufacturing servitization and other main factors on the "Belt and Road" trade network structure,and make clear the contribution of manufacturing servitization to the trade network structure compared with other factors.Some important conclusions have been drawn through the research:(1)China’s manufacturing servitization level fluctuates upward with the course of economic development,and the trade network structure of the "Belt and Road" has been evolving in a positive direction.The development directions of the two are consistent.(2)The servitization of China’s manufacturing industry has a positive impact on the "Belt and Road" trade network structure mainly through four ways:resource redistribution,technology spillover,specialized division of labor and global value chain climbing.(3)Improving the servitization level of China’s manufacturing industry can help optimize the structure of the "Belt and Road" trade network.First,it can increase the density of trade network by promoting bilateral trade between countries along the "Belt and Road";Second,the distance of trade network can be shorten by promoting the development of trade facilitation;and the increased density and shortened distance make the status of the node countries in the "Belt and Road" trade network enhanced and the trend of decentralization becomes more obvious.Based on the premise of "China is the core node in the ’Belt and Road’ trade network",and the conclusion of previous literatures "The servitization of manufacturing industry optimizes the domestic trade structure",this study innovatively put forward the proposition that "the servitization of manufacturing industry in one country can act on the entire regional trade network structure through network connection",and discussed the influence of policy adjustment or development changes of network center node countries on the whole network structure.At the same time,the research results also provide a theoretical basis for specific suggestions to improve the servitization level of China’s manufacturing industry and optimize the "Belt and Road" trade network structure from the three levels of country,industry and enterprise.