A New Chapter in Value Chain Connections between China and Europe: Are Advanced Services a New Area of Chinese Influence in European Manufacturing?
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제38권 제4호
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2023.12571 - 601 (31 pages)
- 72
One way to mark the presence of Chinese companies in Europe is the servicification of manufacturing with advanced services such as information and communication (ICT). Therefore, the article aims to identify the intensification of the influx of Chinese ICT services in the manufacturing of European economies, especially regarding industries dealing with transport equipment and computers, electronic and electrical equipment. A key research question going forward is: whether technological developments in China affect the country's servicification links with European manufacturing in advanced services. Applying input-output models, the study confirmed that China is more intensively servicing manufacturing in Europe with its ICT services, and the intensity of this servitization increases with the stronger position of a value-added country in GVCs.
I. Introduction
II. Justification of the Topic
III. Servicification of Manufacturing Concept: Literature Review
IV. Description of the Data and General Study Procedure
V. Results
VI. Conclusions
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