Abstract
Based on the perspective of value added in trade, we analyze the commodity trade between China and RCEP member countries from the perspectives of domestic value added and foreign value added, and measures the participation index and status index of 15 member countries in the global value chain and RCEP regional value chain. To explore ways for China to build RCEP regional value chains to break the "low-end lock-in" in global value chains. The results show that: (1) Trade between China and RCEP members is increasingly close and China is in a dominant position. (2) China's position in the RCEP regional value chain is higher than its position in the global value chain. Building RCEP regional value chains will help China enhance its competitiveness in the medium and high-end sectors.
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