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Analysis of Origin of Value in Chinese Exports under GVC Division of Labor

In the context of global value chain division of labor, with increasingly prominent trade diversion and reentry, it is difficult to trace the origin and distribution of value in exports through the gross statistics. Based on WIOD database and MRIO analysis framework, this paper analyses the GVC origin of Chinese exports from four aspects, including value constitution, country contribution,commodity structure and industrial change. The results show that: Domestic value- added ratio in exports presents a U - shaped track, and nearly 1/4 from abroad; the United States, Japan, Germany and other developed countries make important contributions, while developing countries are also improving; the extent of China' s embedded GVC is deepening, and its intermediate goods trade makes increasing contributions; the main export industries have lower domestic value - added ratio, and there is a declining trend. Therefore, Chinese export growth is conducive to its own economic development and the world economy,but the labor-intensive industries run the risk of being locked in the low-end of the global value chain.