AJIBM  Vol.7 No.5 , May 2017
Transformation and Upgrading of Processing Trade in Guangdong under the New Normal Situation: Status Quo, Problems and Opportunities and Strategic Implications
Abstract: Under the new normal situation, the traditional development model processes trade with the feature of “three high and one low”. It has been eliminated by the times; to promote the transformation and upgrading of processing trade is imminent. The author takes Guangdong as the research object, which is the coastal processing trade gathering place. Based on the comprehensive analysis of the present situation and development problems of Guangdong processing trade, this paper combines the opportunities and challenges of the transformation and upgrading of Guangdong processing trade under the new normal situation, and puts forward some strategies and revelations to promote the transformation, upgrade, innovation and development of Guangdong’s processing trade under the new normal situation. The strategies such as implementing the “Internet plus”, “machine substitutions” strategy, to carry out the information and intelligent transformation on the processing trade industry, rely on CEPA and free trade area platform to build processing trade transformation, upgrading and innovative service system, to enhance the “rooted” and “localization” of the processing trade industry, innovative talents training and independent brand building mechanism, to promote the upgrading and introduction, transfer of new linkage of the processing trade and so on.
Cite this paper: Liu, H. (2017) Transformation and Upgrading of Processing Trade in Guangdong under the New Normal Situation: Status Quo, Problems and Opportunities and Strategic Implications. American Journal of Industrial and Business Management, 7, 614-632. doi: 10.4236/ajibm.2017.75046.

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