Comparative Study on Cross-border Investment Networks of Listed Manufacturing Companies in Western China from the Perspective of Global Value Chain

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  • 1. College of Earth and Environmental Sciences,Lanzhou University,Lanzhou 730000,Gansu,China;
    2. Key Laboratory of West China's Environmental Systems (Ministry of Education),Lanzhou University,Lanzhou 730000,Gansu,China

Received date: 2022-06-03

  Revised date: 2022-10-01

  Online published: 2023-07-28

Abstract

Equipment and instrument industry and metal and non-metal industry are the two leading industries for foreign investment of listed manufacturing companies in western China,which have gradually integrated into global value chain (GVC) and formed a distinct feature of international division of labor. Based on the GVC and the outward investment of two leading manufacturing industries in western China in 2018,this paper classifies three types of urban network:R&D type,production type and sales type,and analyzes the characteristics and influencing factors of the urban network by using social network analysis method,entropy method,multi-index comprehensive evaluation method and QAP analysis method. The results show that:1) In the urban networks of different value chain links of the two leading industries,Chongqing Municipality is the center of urban network of the equipment and instrument industry in China,Chengdu City is the center of urban network of the metal and non-metal industry in China. 2) R&D activities of the two leading industries are mostly invested in cities which are the education and scientific research centers. Production activities are mostly invested in regional central cities of developing countries. Investment destination cities for sales activities are the largest and scattered. 3) Among the different type of the urban networks of the two leading industries,the R&D-type urban network has the highest density,so cities in the network are most closely linked. The production-type urban network has the highest modularization degree and the largest least upper boundedness,so this network is most likely to form clusters and easily controlled by core nodes. The sales-type urban network has the largest scale,the largest average in-degree centrality and the highest correlation degree,so cities in the network have the strongest contact ability and are uneasy to be controlled by individual nodes. 4) Geographical location,market potential,political system and economic system have great influence on the cross-border investment network of each link of the two leading industries. There are still differences in the influencing factors of urban networks in different value chain links of the two leading industries.

Cite this article

MAN Shan, YANG Yongchun . Comparative Study on Cross-border Investment Networks of Listed Manufacturing Companies in Western China from the Perspective of Global Value Chain[J]. Economic geography, 2022 , 42(11) : 103 -113 . DOI: 10.15957/j.cnki.jjdl.2022.11.012

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