Global value chain has become a new and dominant pattern of international division of labor in the world.Meanwhile,international cooperation has turned from multilateralism to regionalization.This paper intends to use...Global value chain has become a new and dominant pattern of international division of labor in the world.Meanwhile,international cooperation has turned from multilateralism to regionalization.This paper intends to use gravity model to explore the connections between the two trajectories.As a political and economic major power in the world,China should set about employing a comprehensive,self-oriented and well-functioning strategy of regional economic integration,either out of considerations for its global and regional strategies or the need to transform economic development model.In the process of implementation,China should be selective in choosing partners,choosing competitive ones at different levels of the global value chain.展开更多
Since China started reform and open- ing up in the late 1970s, its trade exchanges with the U.S. have becomeincreasingly frequent. As the two largest economies in the world, their bilateral trade not only benefits the...Since China started reform and open- ing up in the late 1970s, its trade exchanges with the U.S. have becomeincreasingly frequent. As the two largest economies in the world, their bilateral trade not only benefits their own peoples but also serves as the momentum driving the world＇s economic growth.展开更多
文摘Global value chain has become a new and dominant pattern of international division of labor in the world.Meanwhile,international cooperation has turned from multilateralism to regionalization.This paper intends to use gravity model to explore the connections between the two trajectories.As a political and economic major power in the world,China should set about employing a comprehensive,self-oriented and well-functioning strategy of regional economic integration,either out of considerations for its global and regional strategies or the need to transform economic development model.In the process of implementation,China should be selective in choosing partners,choosing competitive ones at different levels of the global value chain.
文摘Since China started reform and open- ing up in the late 1970s, its trade exchanges with the U.S. have becomeincreasingly frequent. As the two largest economies in the world, their bilateral trade not only benefits their own peoples but also serves as the momentum driving the world＇s economic growth.
