Since the 20th century, the efficiency dividend generated by globalization has been the dominant factor in the transformation of industrial and supply chains, leading to development imbalances between and within countries to a certain extent. After the 2008 financial crisis, the United States, as the main driving force of globalization, gradually became more conservative in its policies. Trump's two administrations have become landmark events, profoundly influencing the changing trend of global industrial and supply chains along with variables such as the technological revolution.
The changes in the global industrial and supply chains are accompanied by the dynamic movement of manufacturing centers, forming China, a globally recognized global factory. One of the important features of the current and future long-term period is the challenge posed by other major global economic forces to the geographical balance of the previously formed global industrial and supply chains, attempting to form a new international economic balance, mainly manifested in three aspects. Firstly, the rebalancing trend of economies represented by China and the United States. Secondly, the re-adjustment of the division of labor relationship between China, the United States, Europe, East Asia and other regions. Thirdly, resource-based countries are committed to extending the industrial chain.
