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China's High-Tech Exports: The Myth and Reality

Yuqing Xing

Asian Economic Papers, 2014, vol. 13, issue 1, 109-123

Abstract: Trade statistics portray China as the largest exporter of high-tech products. This paper demonstrates that China's leading position in high-tech exports is a myth created by outdated trade statistics, which are inconsistent with trade based on global supply chains. Current trade statistics mistakenly credit entire values of assembled high-tech products to China, thus greatly inflating its exports. This paper adopted a value-added approach to more accurately measure high-tech exports, revealing that, in 2009, China's value-added accounted for only about 3 percent of the total value attributed for its exports of iPhones and laptop PCs. Furthermore, if assembly is the only source of value-added by Chinese workers, in terms of technological contribution, these assembled high-tech exports are indifferent from labor-intensive products, and so they should be excluded from the high-tech classification. © 2014 The Earth Institute at Columbia University and the Massachusetts Institute of Technology.

Keywords: China; exports; high-tech; value-added; iPhone (search for similar items in EconPapers)
JEL-codes: F10 N75 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (12)

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Working Paper: China's High-tech Exports: Myth and Reality (2011) Downloads
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