Industrial Upgrade of China's Equipment Manufacturing Industry——Based on the Perspective of Global Value Chain
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DOI: 10.23977/IEMETC2020032
Corresponding Author
Yin Long
ABSTRACT
At present, the precise pattern of China's direct investors still lacks rationality. China belongs to an independent market body country, and the exact design for large in and small out is not conducive to China's long-term development. From the perspective of long-term strategic growth, Chinese enterprises should adhere to the principles of cooperation and joint development and maintain trade balance in their event. In the process of pursuing the strategy of going out, we must pay attention to technological innovation and growth.
KEYWORDS
Global Value Chain, Industrial upgrade