2008•Journal of Chang'an UniversityRequires access

Features of global value-chain division and its enlightment on China

Fan Yun-fang

Abstract

The global value-chain division is the product of continuous development of specialization and it has become a fundmental trend in the modern world.With the help of the comparative advantage theory and value-chain theory,the features and causes of global value-chain division are analyzed through explanation for the theory of international division.The author thinks that the Chinese enterprises should seize the opportunity,actively integrate into the global value-chain division of labor,optimize the industrial structure and improve the quality of factors so as to change their situation in the international division of labor.

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Key concepts: Division of labour, Division (mathematics), Global value chain, Value (mathematics), China, Value chain, Chain (unit), Industrial organization