Analysis On The Impact Of Digital Service Trade Development On China’s Global Value Chain Division

With the development of digital economy and the increasingly important position of service trade in international trade,digital service trade,as an emerging form of business,has gradually attracted people’s attention.At the same time,it will have a profound impact on the reconstruction of the global value chain,thus becoming an important factor affecting the position of the global value chain.Therefore,this paper focus on the analysis of the impact of the development of digital service trade on China’s global value chain division of labor.Firstly,the share of digital service trade in service trade is used as the index to measure the development of digital service trade,and the current situation of digital service trade development is analyzed.Secondly,referring to the practice of Koopman(2014),this paper calculates and compares the global value chain division status of major countries in the world,and uses the length index of global value chain published by UIBE GVC to measure the position of Chinese industries in the global value chain.Then,using the panel data of various industries in China from 2005 to 2014,this paper constructs an econometric model to empirically analyze the impact of digital service trade development on China’s embeddedness in global value chain,and tests the mediating effect of technological innovation and factor endowment.The heterogeneity analysis was again carried out along the lines of agriculture,manufacturing and services.Finally,the countermeasures and suggestions for developing digital trade to promote the status of global value chain are put forward.After the analysis,the conclusions are as follows:(1)China’s position in the global value chain has been significantly improved,from the middle and lower reaches to the middle and upper reaches;(2)Trade in digital services has developed steadily and its share has been increasing;There is a "digital divide" between developed and developing countries.The better development of digital service trade is still concentrated in developed countries,especially the United States and Ireland,while the better development of digital service trade in developing countries such as China and India.(3)Digital service trade has a significantly positive effect on the position promotion of global value chain,but different industries have different impacts.(4)Digital service trade promotes the position of global value chain through two paths: factor endowment and technological innovation.According to the conclusions,the following suggestions are put forward: strengthen the basic theoretical research of digital service trade and global value chain,actively participate in the formulation of international rules of digital service trade,encourage innovation to increase R&D investment and enhance factor endowments to enhance the vitality of industrial upgrading.So as to enhance the division of labor in the global value chain of various industries in China.