Empirical Study on China's position in the global value chain of Electronic Information Manufacturing Industry

High-tech industry involves many production links. Trade volume includes foreign value-added, which cannot truly reflect the status of this manufacturing industry in the international division of labor. In order to restore the real profitability of each economy, this paper measures the export value of the electronic information manufacturing industry from 2000 to 2011 based on KPWW method and decomposes country's exports into five components. The empirical results show that the export volume of electronic information manufacturing industry in our country seems to be huge for a long time, but it contains a large amount of foreign value-added, and the double counted ratio was as high as 31.39% in 2011. The gap of the GVC position index of electronic information manufacturing industry between China and other countries is very evident, and China lies downstream in Global Value Chain. At the same time, the trend that its exports are consumed directly as final goods abroad is weakening. The domestic value-added embodied in intermediate exports used by the direct importer to produce goods shipped back to in China has risen gradually. The pace of overseas production of electronic information manufacturing industry is accelerating.