ResearchonUpgradingofChinaPassengerCarPartsIndustry.pdfVIP

·556 · Proceedings of the 7th International Conference on Innovation Management Research on Upgrading of China Passenger Car Parts Industry: Based on Global Value Chain Wang Long School of Economics, Wuhan University of Technology, Wuhan, P.R.China, 430070 (E-mail: zmwl@whut.edu.cn) Abstract Based on the theory of global value chains and the industrial structure upgrading, this paper analyses the characteristics and the position of passenger car parts industry of china in the global auto industry value chains, the result shows that Chinese passenger car parts enterprises have still been in low-end value link in the global value chain. The paper puts forward the industry upgrading path and main objective of passenger car parts industry in China. The countermeasures on the upgrading of passenger car parts industry of China are given at the end of the paper. Key words Global value chain; Industry upgrading; Automobile parts; Passenger car 1 Introduction In recent years, passenger car industry of China has seen rapid development and so has been its parts industry which is the basis for the automotive industry. However, the latter obviously lags behind the vehicle industry, restricting China from turning from a big country of automobile industry to a powerful country of automobile industry. So the structural adjustment and upgrading is a necessity for the development of parts industry or even the automotive industry in China. Increasing emphasis has been putting on the upgrading of automobile industry and parts industry at home and broad. After systematic study on the global automotive industry value chain, Humphrey and Memedovic (2003) believed that the upgrading of the auto industry,