Opportunities and upgrading pathway of chinese industries with the progressing tendency of global value chain

With the progressing tendency of global value chain (GVC), Chinese industrial service faces great challenge and opportunities. In such situation, China industries need to forge comprehensive competitive edge and react to the changes, so as to alter its role from passive participant to active integration mover, and even leading the development of innovation chain. In this paper, the new progressing tendency of GVC is investigated to explore the opportunities that Chinese industries are facing. Specific suggestions are put forward to help industries step from low end to middle and high end, upgrade and optimize industrial chain, such as closing down outdated production capacity, speeding up transforming into open economy system and developing new advantages of industries with the use of high-quality global production factors.