Servitization of Manufacturing and China's Power Status Upgrading of Global Value Network

Using value-added trade data, inter-country input-output tables and China's industrial economic data, this paper systematically studies the impact of servitization of manufacturing on the upgrading of power status in the global value network. The measurement results show that the servitization level of the manufacturing significantly improves the competitiveness of the export value-added, and then affects its core position in the global network. Heterogeneity studies show that both commercial and non-commercial servitization have positive impacts on the status of China's manufacturing in the global value network, but the difference is significant. The distance between service and production, and the development stage of service dominance are the main reasons for the difference. China's manufacturing enterprises should strengthen their own service-oriented transformation to improve the core competitiveness, and the government should innovate public service supply to carry out economic governance