Path for China's high-tech industry to participate in the reconstruction of global value chains

Exploring the Mechanism of Regional Innovation Factors Driving the Upgrading of High-Tech Industrial Chains

“…high technological leadership and products that meet mainstream market demand) for transformation. Accelerating the efficiency of the transformation of innovation results helps to promote technology business incubation, enlarge the scale of high-tech industry development and contribute to the efficiency of the extension of high-tech industry chain structure [6]. After the transformation of innovation achievements, with the successful incubation of science and technology enterprises, the micro-component structure of the high-tech industrial chain is somewhat optimized, and the products of science and technology enterprises begin to rapidly fill the market gaps, compensate for the lack of supporting products in the high-tech industrial chain, alleviate the risks of the supply chain development of the industrial chain, further promote the release of the economic contribution capacity of emerging science and technology enterprises in the high-tech industrial chain, and guarantee the efficiency of the extension of the economic benefits of China's high-tech industrial chain Rapidly enhance the efficiency of the extension of China's high-tech industry chain.…”

Analysis on the effects of global supply chain reconfiguration on China's high-end equipment manufacturing industry

“…Moreover, USA-China trade tensions and economic nationalism have brought China's HEEM industry to the forefront of international concernsdespite its impressive growth in the last few decades, industry insiders have highlighted risks such as its high dependence on imports in high-tech fields. The GSC reconfiguration is breaking the VC of China's HEEM industry, leading to "technology decoupling" which has caused enormous losses (Song et al, 2021b). In addition to the well-known cases of ZTE and Huawei, many high-tech enterprises in China have been affected by the GSC reconfiguration.…”

United States, China and The Dispute For Global Hegemony: a Comparative Analysis

“…In view of China's rapid technological development, since Trump took office in 2017, the United States has cracked down on the Asian country's high-tech industry supply chain, breaking its value chain and leading the "technological decoupling" (Song, Yu, Hao, & Chen, 2021). In the case of semiconductors, the coronavirus crisis accelerated the shortage of components, which, coupled with the US blockade of China's access to machines and intermediate inputs to manufacture these chips, has increased China's need to boost its technological autonomy (Song et al, 2021). This has been reflected in both the Biden Administration's measures to boost the sector and overhaul global value chains to eliminate China's presence, and China's efforts to gain autonomy in its production (Song et al, 2021).…”

“…In the case of semiconductors, the coronavirus crisis accelerated the shortage of components, which, coupled with the US blockade of China's access to machines and intermediate inputs to manufacture these chips, has increased China's need to boost its technological autonomy (Song et al, 2021). This has been reflected in both the Biden Administration's measures to boost the sector and overhaul global value chains to eliminate China's presence, and China's efforts to gain autonomy in its production (Song et al, 2021). However, the Asian country is still far from ranking high on the chip value scale, with the most sophisticated chips being designed in the United States and produced in both Taiwan and South Korea (Garcia-Herrero and Ng, 2021).…”