Professor Liu Zhibiao: About the Impact of Changes in Global Industrial Chain on Cities

Release time:2018-10-30Author: Professor Liu Zhibiao

In the past, China’s success was directly related to its participation in the global value chain. When the trend of globalization became more and more obvious, China’s domestic strategy needed to change with time. Therefore, China proposed a concept: relying on the Yangtze River Delta urban agglomeration, the urban agglomeration in the middle reaches of the Yangtze River, as well as the Chengdu-Chongqing urban agglomeration, on the basis of Shanghai as a global city, to further build Wuhan and Chengdu-Chongqing into global cities with distinctive features and clear division of labor. The Yangtze River Economic Belt already has conditions to create three major global cities with distinctive characteristics and clear division of labor. In order to cope with the expansion of domestic demand and the rise of central China, the whole country must strategically support the urban agglomeration in the middle reaches of the Yangtze River, with Wuhan as the main city: firstly, form a set of new concepts for global urban development as well as strategies and policies for location services; secondly, gather strategic resources for the three global cities; thirdly, intensively allocate strategic industries in the three global cities, especially the headquarters of multinational enterprises directly related to producer services; fourthly, intensively deploy a large number of high-end talents with global vision in the three major global cities.