Recently, due to the interweaving of the two factors of the COVID-19 and Sino-US economic and trade friction, it has further catalyzed the trend of global value chain reconstruction under the background of a new round of trade protectionism.Professor Lu Yue’s new work "Upgrading of Chinese Enterprises under the Reconstruction of Global Value Chains" (People's Publishing House, December 2019) uses a large number of highly detailed micro enterprise data and based on the analysis framework of heterogeneous trade theory, deeply explores the modes, determinants and influencing effects of Chinese enterprises participating in global value chain, so as to provide theoretical support for the high-quality development of China's manufacturing industry, Then it provides a practical and effective implementation path for the construction of a new open economic system at a higher level. The monograph has the following characteristics.1. Innovatively study the methodology of high-quality development of manufacturing industry embedded in international division of labor from the perspective of structure and micro.2. Put forward a series of implementation paths to promote the high-quality development of manufacturing enterprises embedded in international division of labor, and strictly demonstrate the restrictive conditions for the upgrading of existing enterprises.3. Put forward a series of practical countermeasures and suggestions on how to promote the high-quality development of China's manufacturing industry.The publication of the book will have great reference value for Chinese enterprises to explore and optimize the embedding mode of the global value chain, break through the dilemma of "low-end locking" of the value chain, and realize the leap in their position in the global value chain. Under the new development pattern of "dual circulation", it will provide a more solid theoretical basis and practical reference for governments at all levels to implement policies to promote the high-quality development of manufacturing industry.
