Research on the Transformation and Upgrading of China’s Automobile Industry From the Perspective of Global Value Chain

The automotive industry is an important pillar of a country.It plays an important part in China's economy with its relatively abundant capital and technology, high degree of industrial correlation, and economies of scale.Recent research shows that the automotive industry contributes more than one third of China's GDP.China has now become the world's largest country in the production and consumption of automobiles.However, in the global value chains (GVCs) of the automotive industry, China is in the low-end segment, compared to the high-profit segment of the entire value chain is currently obtained by multinational corporations.This article takes the Chinese automotive industry as the research object, from the perspective of the GVCs theories and four methods of industrial upgrading, to study the path of the transformation and upgrading of China's automotive industry, and to bring about the countermeasures and suggestions.