Research on the effect of regional trade agreements on the security and stability of China's industrial chain under the trend of global value chain contraction
In the context of the increasingly significant trend of global value chain(GVC)contraction,regional trade agreements play a key role in the security and stability of China's industrial chain.This paper studies the economic effects and policy mechanisms through which regional trade agreements have an impact on the security and stability of China's industrial chain.Firstly,this paper reviews the evolution of the concept of global value chain and its profound impact on the current global economic structure.Secondly,by analyzing the new trend of industrial chain development,it studies the impact of the reshaping of the global industrial chain on the trade pat-tern.Finally,it is proposed to explore China's advantages in the digital economy by integrating old and new driving forces.Taking the Belt and Road as an opportunity,we should accelerate the establishment of a network of high-standard free trade zones.Building complex global value chains as the center,we should enhance the ability to obtain trade benefits.
global value chaintrend of contractionregional trade agreementssecurity and stability of China's industrial chain
万方数据
维普
