TITLE:
Transformation and Upgrading of Processing Trade in Guangdong under the New Normal Situation: Status Quo, Problems and Opportunities and Strategic Implications
AUTHORS:
Haijun Liu
KEYWORDS:
New Normal, Processing Trade of Guangdong, Transformation and Upgrading, Innovation Development
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.7 No.5,
May
24,
2017
ABSTRACT: Under the
new normal situation, the traditional development model processes trade with
the feature of “three high and one low”. It has been eliminated by the times; to
promote the transformation and upgrading of processing trade is imminent.The
author takes Guangdong as the research object, which is the coastal processing trade
gathering place. Based on the comprehensive analysis of the
present situation and development problems of Guangdong processing trade, this
paper combines the opportunities and challenges of the transformation and
upgrading of Guangdong processing trade under the new normal situation, and
puts forward some strategies and revelations to promote the transformation,
upgrade, innovation and development of Guangdong’s processing trade under the
new normal situation. The strategies such as implementing the “Internet plus”,
“machine substitutions” strategy, to carry out the information and intelligent
transformation on the processing trade industry, rely on CEPA and free trade
area platform to build processing trade transformation, upgrading and
innovative service system, to enhance the “rooted” and “localization” of the
processing trade industry, innovative talents training and independent brand
building mechanism, to promote the upgrading and introduction, transfer of new
linkage of the processing trade and so on.