Sociopolitical Sciences Issue №3 — 2021

Global Dual Value Chain - from the Perspective of Chinese Economy
( Pp. 60-66)

Zhao Fengcai

DOI: 10.33693/2223-0092-2021-11-3-60-66

Zhao Fengcai kandidat gumanitarnyh nauk; docent
Shanghai University of Politics and Law
Shanghai, China

Abstract:

In the context of globalization, there are new trends of evolution in the world economy. This article has reviewed the structure of the world economy, which is gradually transforming from a center-periphery economy model focused on developed countries into a more complex dual-circulation model. According to the model of the global dual value chain, China occupies an intermediate position and is a key link in the global dual-circulation chain between developed and developing countries, which determines its role between the upper and lower levels of the system.

How to Cite:

Zhao F.., (2021), GLOBAL DUAL VALUE CHAIN - FROM THE PERSPECTIVE OF CHINESE ECONOMY. Sociopolitical Sciences, 3 => 60-66.

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Keywords:

globalization, dual-value chain, Chinese economy.

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