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Think Tank

Guangming Current Review: Export "New Three Types" Showcasing New Advantages of Made in China

2023-12-18   

We need to accelerate the cultivation of new momentum in foreign trade, consolidate the basic foundation of foreign trade and investment, and expand intermediate goods trade, service trade, digital trade, and cross-border e-commerce exports. At the 134th Canton Fair, the "new three types" of foreign trade represented by electric passenger vehicles, lithium batteries, and solar cells continued to be popular. Data shows that in the first three quarters, the total export of "new three samples" products was 798.99 billion yuan, a year-on-year increase of 41.7%. The new growth reflects the continuous accumulation of China's manufacturing capabilities over the long term, and further highlights the continuous formation of new advantages in the high-quality development of Chinese manufacturing. The advantages of a complete industrial chain and supply chain lay a solid foundation for the "new three types". With the increasing refinement of social division of labor, the industrial and supply chains of manufacturing have become increasingly complex. Its characteristics have gradually evolved from a traditional pyramid like structure to a mesh like structure, with an increasing number of nodes but also more susceptible to the risk of chain breakage. A sound industrial and supply chain can effectively promote the optimization of resource allocation, enhance the core competitiveness of enterprises, and promote the upgrading of industrial structure. At present, China is the only country in the world that has all industrial categories listed in the United Nations Industrial Classification. Its production of over 220 industrial products ranks first in the world, and its manufacturing scale has ranked first in the world for 13 consecutive years. In recent years, facing a series of "bottleneck" problems, China has vigorously promoted chain extension, supply and strengthening, and promoted industrial cluster development. For example, the "4-hour industrial circle" of new energy vehicles formed in the Yangtze River Delta and the national advanced manufacturing cluster of power batteries formed in Fujian have laid a solid foundation for the development of the "new three types". The super large scale market advantage creates development space for the "new three types". China has a vast territory and a large population, making it the second largest consumer market in the world. It can provide sufficient space for the application of new technologies and the promotion of new products, forming economies of scale. The rapid rise of the "new three types" is precisely due to this. As an advanced manufacturing industry that is high-end, intelligent, and green, "New Three Samples" requires significant fixed and innovation costs in the early stages. Economies of scale are beneficial for enterprises to dilute costs, help them gain low-cost advantages domestically, and thereby enhance their competitiveness and market share in the international market. Economies of scale can also accommodate the competitive growth of multiple technological routes, for example, in the field of lithium batteries, there are multiple technological innovation routes such as ternary lithium batteries and lithium iron phosphate batteries, and a sufficiently large market space allows products and enterprises that meet the direction of industrial upgrading to grow rapidly, forming a competitive advantage. The advantage of high-quality talents provides strong support for the "new three types". Since the reform and opening up, China has relied on a huge demographic dividend to support the export of "old three types" such as clothing, household appliances, and furniture. In recent years, although the low-cost demographic dividend has been declining, the advantage of human capital is still evident. The development of the "new three types" requires not only high-end talents with technological research and development capabilities, but also basic labor force with certain knowledge and skills. Data shows that the average education level for newly added labor force in China

Edit:GuoGuo Responsible editor:FangZhiYou

Source:gmw.cn

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