Academic Journal of Business & Management, 2023, 5(8); doi: 10.25236/AJBM.2023.050802.
Anping Huang1,2, Tao Lyu1,2, Qiuyan Liang1,2
1School of Economics, Guangxi University, Nanning, China
2China Frontier Economic Research Institute, Guangxi University, Nanning, China
Based on the perspective of value added in trade, we analyze the commodity trade between China and RCEP member countries from the perspectives of domestic value added and foreign value added, and measures the participation index and status index of 15 member countries in the global value chain and RCEP regional value chain. To explore ways for China to build RCEP regional value chains to break the "low-end lock-in" in global value chains. The results show that: (1) Trade between China and RCEP members is increasingly close and China is in a dominant position. (2) China's position in the RCEP regional value chain is higher than its position in the global value chain. Building RCEP regional value chains will help China enhance its competitiveness in the medium and high-end sectors.
RCEP; Regional value chain; Trade in goods; Value-added in trade
Anping Huang, Tao Lyu, Qiuyan Liang. China's Climb of Regional Value Chain under the Framework of RCEP: Based on the Perspective of Value-added in Trade. Academic Journal of Business & Management (2023) Vol. 5, Issue 8: 10-15. https://doi.org/10.25236/AJBM.2023.050802.
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