{"title":"The optimized development of China's service industry in the “Belt and Road” regional value chain: A social network analysis","authors":"Hanmei Zhang","doi":"10.1111/ajes.12548","DOIUrl":null,"url":null,"abstract":"<p>The optimized development of service industry in the value chain can inject strong impetus into economic growth. The “Belt and Road” initiative provides a new path for China's service industry. This article combines value-added accounting method and social network analysis method to study the network environment of service trade in the “Belt and Road” region and the individual characteristics of China's service trade. At the same time, the article deeply analyzes the factors that affect the optimized development of China's service industry in the “Belt and Road” regional value chain from the perspective of trade relations and puts forward countermeasures and suggestions accordingly. The study found that the “Belt and Road” regional service trade network has high density and shows a trend of blockization. As a core node in the regional service trade network, China has strong subjective initiative, connecting link, and independence in trade relations. Moreover, the optimization of China's service trade relations can further enhance its position in the “Belt and Road” regional value chain. At the same time, it can also enhance political and cultural identity, enhance China's discourse power, and promote the process of regional economic integration. Therefore, China's service industry can use the “Belt and Road” initiative to innovate the trade relationship model and realize the optimal development.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 1","pages":"293-323"},"PeriodicalIF":0.9000,"publicationDate":"2023-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"American Journal of Economics and Sociology","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/ajes.12548","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
The optimized development of service industry in the value chain can inject strong impetus into economic growth. The “Belt and Road” initiative provides a new path for China's service industry. This article combines value-added accounting method and social network analysis method to study the network environment of service trade in the “Belt and Road” region and the individual characteristics of China's service trade. At the same time, the article deeply analyzes the factors that affect the optimized development of China's service industry in the “Belt and Road” regional value chain from the perspective of trade relations and puts forward countermeasures and suggestions accordingly. The study found that the “Belt and Road” regional service trade network has high density and shows a trend of blockization. As a core node in the regional service trade network, China has strong subjective initiative, connecting link, and independence in trade relations. Moreover, the optimization of China's service trade relations can further enhance its position in the “Belt and Road” regional value chain. At the same time, it can also enhance political and cultural identity, enhance China's discourse power, and promote the process of regional economic integration. Therefore, China's service industry can use the “Belt and Road” initiative to innovate the trade relationship model and realize the optimal development.
期刊介绍：
The American Journal of Economics and Sociology (AJES) was founded in 1941, with support from the Robert Schalkenbach Foundation, to encourage the development of transdisciplinary solutions to social problems. In the introduction to the first issue, John Dewey observed that “the hostile state of the world and the intellectual division that has been built up in so-called ‘social science,’ are … reflections and expressions of the same fundamental causes.” Dewey commended this journal for its intention to promote “synthesis in the social field.” Dewey wrote those words almost six decades after the social science associations split off from the American Historical Association in pursuit of value-free knowledge derived from specialized disciplines. Since he wrote them, academic or disciplinary specialization has become even more pronounced. Multi-disciplinary work is superficially extolled in major universities, but practices and incentives still favor highly specialized work. The result is that academia has become a bastion of analytic excellence, breaking phenomena into components for intensive investigation, but it contributes little synthetic or holistic understanding that can aid society in finding solutions to contemporary problems. Analytic work remains important, but in response to the current lop-sided emphasis on specialization, the board of AJES has decided to return to its roots by emphasizing a more integrated and practical approach to knowledge.
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