Global industrial chains(GICs)have become a hallmark of the world economy underpinning the global production cycle.Since the reform and opening up was introduced in 1978,China has taken an active role in global value ...Global industrial chains(GICs)have become a hallmark of the world economy underpinning the global production cycle.Since the reform and opening up was introduced in 1978,China has taken an active role in global value chains(GVCs)and become the world’s factory floor.Under the external shocks to GICs,such as US trade frictions with China and the COVID-19 pandemic,China’s traditional comparative advantages in manufacturing which include its labor force and costs are waning.This has manifested in a wave of industrial relocations from China to other countries as well as China’s weakening international competitiveness.We took stock of the concepts and journey of GVCs and elaborated the intrinsic relationship between GVCs and the new development pattern of“dual circulations”.We also analyzed the trends of GVCs,the current status and problems of China’s industrial chains,and China’s market heft,complete industrial chains and the digital economy as new strengths for industrial chain upgrade.In our conclusion,this paper put forth some policy recommendations for China’s industrial chain upgrade in the context of dual circulations.展开更多
Transportation fuels derived from imported fossil fuels are subjected to the price fluctuations of the global marketplace, and constitute a major expense in the operation of a vehicle. Emissions from the evaporation a...Transportation fuels derived from imported fossil fuels are subjected to the price fluctuations of the global marketplace, and constitute a major expense in the operation of a vehicle. Emissions from the evaporation and combustion of these fuels contribute to a range of environmental and health problems, causing poor air quality and emitting greenhouse gases that contribute to global warming. Alternative fuel created from domestic sources has been proposed as a solution to these problems, and many fuels are being developed based on biomass and other renewable sources. Natural State Research, Inc. proposes a different alternative hydrocarbon fuel which is produced from abundant waste plastic materials. This fuel burns more efficiently and cleaner than commercial gasoline and diesel. The process exists to efficiently convert waste plastic into a reliable low cost source of fuel.展开更多
文摘Global industrial chains(GICs)have become a hallmark of the world economy underpinning the global production cycle.Since the reform and opening up was introduced in 1978,China has taken an active role in global value chains(GVCs)and become the world’s factory floor.Under the external shocks to GICs,such as US trade frictions with China and the COVID-19 pandemic,China’s traditional comparative advantages in manufacturing which include its labor force and costs are waning.This has manifested in a wave of industrial relocations from China to other countries as well as China’s weakening international competitiveness.We took stock of the concepts and journey of GVCs and elaborated the intrinsic relationship between GVCs and the new development pattern of“dual circulations”.We also analyzed the trends of GVCs,the current status and problems of China’s industrial chains,and China’s market heft,complete industrial chains and the digital economy as new strengths for industrial chain upgrade.In our conclusion,this paper put forth some policy recommendations for China’s industrial chain upgrade in the context of dual circulations.
文摘Transportation fuels derived from imported fossil fuels are subjected to the price fluctuations of the global marketplace, and constitute a major expense in the operation of a vehicle. Emissions from the evaporation and combustion of these fuels contribute to a range of environmental and health problems, causing poor air quality and emitting greenhouse gases that contribute to global warming. Alternative fuel created from domestic sources has been proposed as a solution to these problems, and many fuels are being developed based on biomass and other renewable sources. Natural State Research, Inc. proposes a different alternative hydrocarbon fuel which is produced from abundant waste plastic materials. This fuel burns more efficiently and cleaner than commercial gasoline and diesel. The process exists to efficiently convert waste plastic into a reliable low cost source of fuel.
