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Academic Journal of Business & Management, 2021, 3(7); doi: 10.25236/AJBM.2021.030712.

Correlation and comparative advantage of global value chain of China's manufacturing and service industries——Empirical research based on ADB database


Junjie Ling1, Shuai Li2

Corresponding Author:
Junjie Ling

1School of Economic and Management, Wuhan University, Wuhan, Hubei, 430000, China

2Glorious Sun School of Business and Management, Donghua University, Shanghai, 200050, China


Based on the perspective of comparative advantage, This paper examines the impact of the correlation between China's manufacturing and service industries before and after the global value chain on their status.he results show that the advantages of China's primary industry and low - and medium-tech manufacturing industry have declined, and the correlation between China's high-end manufacturing industry and service industry has become closer and more obvious, which is conducive to the improvement of China's position in the global value chain. Therefore, we should give full play to the comparative advantages of the industry and provide strong empirical research for China's industrial transformation and upgrading.


global value chain, comparative advantage theory, manufacturing, value chain position

Cite This Paper

Junjie Ling, Shuai Li. Correlation and comparative advantage of global value chain of China's manufacturing and service industries——Empirical research based on ADB database. Academic Journal of Business & Management (2021) Vol. 3, Issue 7: 68-73. https://doi.org/10.25236/AJBM.2021.030712.


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