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| Leaping over the Middle-income Stage and China’s Manufacturing Upgrade Path Selection |
| Peng Dingyun1 Wang Lei2 |
| 1.School of Economics， Wuhan University of Technology， Wuhan 430070；2.School of Economics and Management， China Three Gorges University， Yichang 443002 |
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Abstract This paper focuses on the matching relationship between the international competitiveness of China’s manufacturing industry and the intensity of the upgrade path competition， and proposes a manufacturing upgrade path selection hypothesis from the perspective of global value chains (GVCs) reconstruction. Based on the performance of the Chinese manufacturing industry in the upgrade path of GVCs， the upgrade prospects of the GVCs path and the “Belt and Road” RVCs path are compared， the hypothesis content is tested， and the upgrade path selection recommendations are proposed. The empirical results show that the productivity of Chinese companies with countries along the “Belt and Road” as their main export markets is higher than that of companies of exporting G7 countries， and the RVCs path is more conducive to the upgrading of China’s manufacturing industry， industrial upgrading based on the RVCs path can also be more effective. National income growth is more conducive to China’s smooth transition to the middle-income stage.
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Received: 17 November 2020
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| [1] |
. [J]. , 2014, 0(5): 0-0. |
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2020, Vol. 59 
