Industrial chain out-migration has been a hot topic in recent years. China’s industrial chain out-migration refers to the process of Chinese enterprises to transfer production, capital and other resources to other countries or regions to carry out production activities, so as to reduce costs and improve the international competitiveness of their products.
Industrial chain out-migration has both advantages and disadvantages. On the one hand, it can reduce the cost of production, increase the international competitiveness of China’s products, and promote the transformation and upgrading of China’s traditional industries. On the other hand, it may also lead to the transfer of some labor-intensive industries out of China and cause some social problems such as labor force outflow, off-site relocation of polluting enterprises and reduced employment opportunities.
In order to promote industrial chain out-migration, China should implement a series of measures to promote the out-migration of industrial chain. Firstly, we should improve the infrastructure and environment in the out-migration destination countries and regions, and create a better business environment for the out-migration of industrial chain. Secondly, the government should provide financial support and tax incentives for the out-migration of industrial chain. Thirdly, we should strengthen the matching of personnel, technology and capital, so as to ensure the smooth progress of industrial chain out-migration.
In summary, industrial chain out-migration can help reduce production costs and improve the international competitiveness of China’s products, but it also has certain risks. In order to ensure the healthy development of industrial chain out-migration, the government should take measures to reduce the risks and promote the smooth progress of the out-migration.