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The equipment manufacturing industry, the “Master” of industry, is the strategic basic industry to provide various technical equipments for economic construction and national defense and security, the important symbol to measure the scientific and technological progress and comprehensive competitive power of the country and regions and the core element of manufacturing industry. Jiangsu is one of the most developed regions in economy of our country and one of the regions with the most rapid development of manufacturing industry. However, the division position of global value-chain in Jiangsu is still on the lower position. Especially in computer, electron, optics and other equipment manufacturing industry with higher technical grades, the lower position in Jiangsu is relatively obvious. The paper discusses the researches on transformation and upgrading of equipment manufacturing industry in Jiangsu from the perspective of global value chain and explores the approaches for transformation and upgrading of the equipment manufacturing industry in Jiangsu. Keywords—global value chain; Jiangsu; equipment manufacturing industry; transformation and upgrading

Study on the Transformation and Upgrading of Equipment Manufacturing Industry in Jiangsu from the Perspective of Global Value Chain