Trade in intermediate goods is a key factor influencing the stable and efficient oper-ation of China's industrial chain and supply chain,and it is also a key area and an important hand in accelerating the construction of a unified national market,building a strong trading country and accelerating the construction of a new development pattern.At present,China's trade in intermediate goods presents typical features such as steady expansion of scale,continuous rise of product tech-nology content,close regional trade cooperation,and prominent trend of digitalization and greening,but still faces the'return'of international manu-facturing industry,international geopolitical risks,co-existence of tariff impact and non-tariff barriers,low supply chain efficiency,insufficient trade statistics of intermediate goods,and key core technologies.It is recommended to further promote the high-quality development of China's trade in intermediate goods and cultivate new momentum for a strong trading nation by continuously strengthening the top-level institutional design,improving the industrial chain and supply chain system,strength-ening cutting-edge technological innovation,and actively exploring overseas markets.
Intermediate goods tradeGlobal value chainIndustrial upgrading