Xiong, L.; Zhao, W.; Su, J., and Tian, Y., 2020. Advances in the global value chain of the shipping industry. In: Gong, D.; Zhang, M., and Liu, R. (eds.), Advances in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 106, pp. 468–472. Coconut Creek (Florida), ISSN 0749-0208.

The global value chain division of labor system is becoming the latest model for product division and production. International cooperation in division of labor is higher, and production processes are more finely divided. It is an important driving force for the development of the world economy today. Based on existing literature research and analysis of the research progress in global value chain connotation, participation, trade benefits, status of labor division, and global value chain reconstruction, this paper summarizes the contributions and deficiencies of existing research and finally proposes the future development direction of the global value chain.

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