Mechanisms and Countermeasures for Structural Changes in Global Value Chains Affecting China's Economic Security
( Pp. 236-241)

More about authors
Yuelong Zhang Graduate student
Institute of Business of the Belarusian State University
Abstract:
The purpose of the study is to analyze structural changes in the global value chains of the People's Republic of China and develop mechanisms and countermeasures aimed at increasing the level of China's economic security in the face of the sanctions impact on the Russian economy. The article reveals the essence of the concepts of «value chains», «economic security», «economic mechanism» and «countermeasures», identifies the factors of structural transformation of China's value chains that impede the stability of functioning and reduce the competitiveness of Chinese enterprises in the context of the sanctions impact on the Russian Federation. An analysis was made of changes in the foreign trade activities of the People's Republic of China and the Russian Federation associated with the transformation of resource-intensive production and direct supply and marketing channels. The mechanisms and countermeasures designed to stabilize structural changes in China's global value chains and developed taking into account modern trends in the development of world economic relations based on the accumulated experience and strategies of other countries with transitive economies, which will contribute to the strategic development of the PRC economy and strengthen the economic security of the state, are presented. by ensuring the maximization of their own benefit in the integration processes associated with international production and international trade.
How to Cite:
Yuelong Zhang. Mechanisms and Countermeasures for Structural Changes in Global Value Chains Affecting China's Economic Security // ECONOMIC PROBLEMS AND LEGAL PRACTICE. 2023. Vol. 19. № 3. P. 236-241. (in Russ.) EDN: CBYILU
Reference list:
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Keywords:
value chains, structural changes, mechanism, countermeasures, supply and distribution channels, competitiveness, foreign trade activities..


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