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Internal and External Circulation to Build A Global Value Chain Led by Chinese Enterprises

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摘要 As we all know,one of the basic achievements of the last round of economic global ization is the formation of a global value chain,which has become the basic feature of the world economy.In the 1980s,economists found that the way for an enterprise to enter the international market can be based on its own comparative advantages,that is,the heterogeneity of enterprises,wherein enterprises can either choose export trade to realize“selling in the place of origin”or realize“selling in real estate”through foreign direct investment,thus subverting the conclusion of traditional economics that trade and foreign direct investment are mutually exclusive.
作者 Yao Weiqun
出处 《China's Foreign Trade》 2020年第4期12-13,共2页 中国对外贸易(英文版)
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