Faithin Omaha eBook Collection

Download or read book China In Global Value Chains: Opening Strategy And Deep Integration written by Bin Liu and published by World Scientific. This book was released on 2022-10-04 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade in the 21st century is characterized by the emergence and development of Global Value Chains. With the reform and opening-up deepening, China has become an important participant and practitioner of global value chains, a staunch supporter and defender of the multilateral trading system, and a contributor to and beneficiary of economic globalization. This book provides an insightful analysis of the pathways for China to upgrade in global value chains based on the country's opening strategy from the perspectives of tariff, trade facilitation, foreign direct investment, outward direct investment, opening-up of the service industry, and servitization in the manufacturing industry. It also offers best practices for theoretical and empirical studies in global value chains with sophisticated and widely-used econometric methods.