2006•Journal of Beijing Jiaotong UniversityRequires access

Global Shift in Manufacturing Industry and Enterprise Development Strategy in China

Zeng Wei-liang

Abstract

Global shift in manufacturing industry is one of the most essential characteristics in today's world economy.The essence of global shift is fragmentization and geographic re-location of value chain by multinationals.And it provides a chance for enterprises in developing countries to integrate with the world economy.According to the theory of global value chain,such a conclusion can be made that the strategic choice for Chinese enterprises is to embed themselves in the global value chain and upgrade themselves by learning and innovation.

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Key concepts: Global value chain, China, Business, Upgrade, Value (mathematics), Industrial organization, Global strategy, Chain (unit)