Title Page
Abstract
Contents
I. Introduction 10
II. The emerging markets and Global Value Chain 14
2.1. Latin American countries: Mexico 15
2.1.1. Import instead of industrialization 16
2.1.2. Neoliberalism 18
2.1.3. Analysis of current state 19
2.2. East Asian Miracles - Japan and Four Asian Tigers 22
2.3. The new economic model for GVC- Clusters 26
2.4. Imbalance in global value chains 28
2.4.1. Serious imbalance in international division of labor 28
2.4.2. Damage to emerging economies and enterprises 29
2.4.3. Huge profit margin in the high-end link of the global value chain 30
2.5. Future trends in global value chains 31
III. China and the global value chain 33
3.1. The integration of China into Global Value Chains 34
3.1.1. History of development of China 37
3.1.2. Foreign investment 44
3.2. Enhancement of Global Value Chain: Case study of Huawei 47
3.2.1. Enhance global value chain innovation through R&D 49
3.2.2. Empirical Analysis 52
3.2.3. Huawei's social upgrade 59
3.2.4. Huawei's Enlightenment 61
IV. Conclusion: Lesson for China and its challenges 64
References 68
국문초록 72
〈Table 1〉 2010 Trade Added Value and FDI Key Indicators... 37
〈Table 2〉 Huawei's R&D investment, sales revenue and net profit 53
〈Table 3〉 Regression analysis table 57
〈Table 4〉 ANOVA and Regression Output 57
〈Figure 1〉 The three processes of global value chain 12
〈Figure 2〉 Composition of China's Export to the World Market 39
〈Figure 3〉 China's manufacturing industry absorbs foreign investment 40
〈Figure 4〉 Number of foreign-invested enterprises 41
〈Figure 5〉 Foreign-invested enterprises' total import and export 42
〈Figure 6〉 China Net foreign direct investment 46
〈Figure 7〉 Huawei's R&D investment in the past 6 years 50
〈Figure 8〉 The net profit and R&D investment of Huawei in the past... 55
〈Figure 9〉 The Regression equation of the relationship... 56