ABSTRACT
This article conducts research on manufacturing regional value chain (RVC) between China and “Belt and Road” (“B&R”) countries and its relevance to the upgrading of China’s manufacturing industry. Based on the calculation of Kaplinsky upgrade index and RVC-Position index, this paper makes an empirical analysis with the above indicator results and a random effect model. The empirical results show that when KUP increases by 1%, RVC_Position will positively increase by 0.24%, which means that the domestic industrial chain upgrading of China’s manufacturing industry has a positive impact on embedding in manufacturing RVC and rising up to the global value chain.
