Global Dual Value Chain - from the Perspective of Chinese Economy
- Authors: Zhao F.1
-
Affiliations:
- Shanghai University of Politics and Law
- Issue: Vol 11, No 3 (2021)
- Pages: 60-66
- Section: Articles
- URL: https://journals.eco-vector.com/2223-0092/article/view/537617
- DOI: https://doi.org/10.33693/2223-0092-2021-11-3-60-66
- ID: 537617
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Abstract
In the context of globalization, there are new trends of evolution in the world economy. This article has reviewed the structure of the world economy, which is gradually transforming from a center-periphery economy model focused on developed countries into a more complex dual-circulation model. According to the model of the global dual value chain, China occupies an intermediate position and is a key link in the global dual-circulation chain between developed and developing countries, which determines its role between the upper and lower levels of the system.
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About the authors
Fengcai Zhao
Shanghai University of Politics and Law
Email: warmsnow123@yandex.ru
Cand. Sci. (Hum.); associate professor Shanghai, China
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