The epidemic has brought an opportunity to China's industrial chain
Report from our correspondent (reporter liu guomin) : the covid-19 epidemic is increasingly affecting the global value chain. China faces both opportunities and challenges in this process. "The epidemic has had a profound impact on the global value chain and supply chain: on the one hand, China's exports have been blocked, and on the other hand, it is difficult to import spare parts and intermediate products from Europe, the United States and east Asia." Wang xiaosong, a professor at renmin university of China's school of economics, said in a recent lecture entitled "covid-19 and the reshaping of the global value chain".
Xiao-song wang analysis, the qualitative change of contemporary international trade, the trade in goods to trade in tasks, different links to the genius of different roles, "such as apple tablets are divided into different modules, display module production in South Korea, mainland China and Taiwan, China, integrated circuit board production in Europe and other developed countries, the battery main production in China, Taiwan, microelectronics equipment produced in the United States, Italy and other countries. All in all, these parts come from different countries and regions, and together they form apple products."
"By 2017, there will be three trade centres in the world's traditional trade sectors: Germany, the us and China. Many European countries get their intermediates and components from Germany." "Germany, the United States and other countries severely affected by the epidemic are very important in the world economic arena," wang said.
Report from our correspondent (reporter liu guomin) : the covid-19 epidemic is increasingly affecting the global value chain. China faces both opportunities and challenges in this process. "The epidemic has had a profound impact on the global value chain and supply chain: on the one hand, China's exports have been blocked, and on the other hand, it is difficult to import spare parts and intermediate products from Europe, the United States and east Asia." Wang xiaosong, a professor at renmin university of China's school of economics, said in a recent lecture entitled "covid-19 and the reshaping of the global value chain".
Xiao-song wang analysis, the qualitative change of contemporary international trade, the trade in goods to trade in tasks, different links to the genius of different roles, "such as apple tablets are divided into different modules, display module production in South Korea, mainland China and Taiwan, China, integrated circuit board production in Europe and other developed countries, the battery main production in China, Taiwan, microelectronics equipment produced in the United States, Italy and other countries. All in all, these parts come from different countries and regions, and together they form apple products."
"By 2017, there will be three trade centres in the world's traditional trade sectors: Germany, the us and China. Many European countries get their intermediates and components from Germany." "Germany, the United States and other countries severely affected by the epidemic are very important in the world economic arena," wang said.