Industrial Transformation and Reconstruction

Yanqing Jiang () and Jiewei Gu ()
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Yanqing Jiang: Shanghai International Studies University
Jiewei Gu: Shanghai International Studies University

Chapter Chapter 5 in Technology and Industrial Transformation of China, 2023, pp 93-121 from Springer

Abstract: Abstract This chapter introduces the theory of industrial transformation from the perspective of industrial chain in the context of globalization. Industrial chain is the micro composition of industrial structure, and industrial structure is the superposition of many industrial chains. The change and adjustment of industrial chain will promote the adjustment and transformation of industrial structure. With the continuous development of technology, industry chain competition appears. The industrial chain competition not only expands the industrial chain division of labor, but also achieves the maximum governance rent. However, as COVID-19 broke out, production and logistics have stalled and regional blockades have changed the original pattern of globalization. COVID-19 has hit global economic and trade activities and disrupted the original global industrial chain.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-7458-8_5

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DOI: 10.1007/978-981-19-7458-8_5

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