An Analysis of the Global Value Chain Position and Competitiveness of China's High-Tech Industries
Based on the 2023 version of OECD global input-output data,the indices such as"upstream-ness,""downstreamness,"and"revealed comparative advantage index based on value-added exports"were constructed to measure and analyze the position of China's high-tech industries in global value chain(GVC)and their international competitiveness from 1995 to 2020.The results show that the upstreamness and downstreamness of China's high-tech industries experienced cyclical fluctuations.After 2001,China became deeply integrated into global division of labor,with gradual increases in upstreamness and down-streamness.However,the 2008 financial crisis and the"slow globalization"phase after 2016 caused some decline in these values.Input demand exceeded output supply,resulting in a relatively low GVC position for high-tech industries.The upstreamness and downstreamness of most of the high-tech industries were higher than those of other countries,indicating higher complexity.The competitiveness of the electronic equipment and electrical equipment manufacturing industries stood out,while the competitiveness of the pharmaceutical preparation manufacturing industry remained weak.
global value chainupstreamnessdownstreamnessrevealed comparative advantage