This article considers how policymakers should react to the disruption of Global Value Chains, which became dramatically evident during pandemic. It argues that repeated shocks GVCs, as seen in recent years, are not purely random and disjointed events. They result fundamental shifts geopolitical environment, global economy, climate. Firms have concluded international supply chains become endemi...

With increasing participation in the global value chain (GVC), China’s economy has gradually entered middle and late stages of industrialization vigorous urbanization. However, accompanying problems, such as low-quality economic growth, excessive consumption resources, scarce energy supply environmental pollution, have also become major issues that social development must be solved. Therefore, ...