皇冠体育app

By Yang Jianlong, Department of Industrial Economy, DRC & Li Jun, Beijing Institute of Graphic Communication

Research Report, No. 52, 2020 (Total 5796) 2020-3-24

Abstract: In the past two decades, the growth of 皇冠体育app’s electronic industry has taken the lead in the world, resulting in the concentration of global electronic production and manufacturing in 皇冠体育app. Relying on positive factors, the scale economy and the support of the domestic market, plus the rapid improvement of the industrial supporting system, 皇冠体育app has realized an outstanding industrial growth, attracted the transfer and concentration of global electronic production to 皇冠体育app, and turned into the production center of global value chain. The U.S. in this regard is next to 皇冠体育app. Relying on the continuous innovation and upgrading of core technologies and the technological monopoly, the U.S. has continuously gained excess earnings and maintained the world’s second largest industrial scale, becoming the center of interests of the global value chain. Due to the advantages of scale economy of production systems, the monopoly of core technologies and the interest distribution pattern, this kind of value chain pattern is similar to “duopoly” and has been integrated into a systematic factor, going far beyond the range of a single industrial factor. It can be said that there is little possibility of large-scale adjustment in the future. In the medium to long term, in view of the possibility of 皇冠体育app’s gradual breakthrough in core technologies, if the global value chain of the electronic industry is reconstructed, the excess earnings obtained by the U.S. may be equalized irreversibly.

Key words: electronic industry, global value chain, trade frictions, center of industrial interests