Author(s)

Zuxuan Wang ¹

Affiliation(s)

¹ Harbin University of Commerce, Weifang, Shandong, China

Corresponding Author

Zuxuan Wang

ABSTRACT

At the end of 2021, the Ministry of Commerce of China will hold a special press conference to issue the "14th Five-Year Plan" on the high-quality development of foreign trade. The Sixth Plenary Session of the Nineteenth Central Committee of the Communist Party of China comprehensively summed up the experience of the party's struggle. As an important part of China's foreign trade, processing trade is bound to provide a broad perspective for Chinese to enhance the status of processing trade in the global value chain and promote the high-quality development of trade. The purpose of this paper is to find out the factors that affect the status of processing trade in the global value chain, such as technology, brand influence, foreign investment and ability to fight risks, by analyzing some data and combining relevant theories, so as to put forward corresponding policy suggestions to improve the processing trade. Trade status, thereby promoting the high-quality development of trade.

KEYWORDS

Processing Trade, High-quality Development, Global Value Chain

CITE THIS PAPER

Zuxuan Wang, Analysis of the Factors Affecting the Position of Processing Trade in the Global Value Chain. Financial Engineering and Risk Management (2022) Vol. 5: 1-6. DOI: http://dx.doi.org/10.23977/ferm.2022.050201.

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