Two-way FDI boosts China's manufacturing industry in global value chain
The article explores how foreign investments impact China's manufacturing industry's position in the global value chain. By studying data from different manufacturing sectors, the researchers found that both inward and outward foreign investments play a role in upgrading China's global value chain status. Specifically, the study shows that a two-way foreign investment approach has a significant influence on improving China's manufacturing industry's global value chain position.