Abstract: With the slow recovery of the global economy, developed countries have introduced rejuvenation strategies for their manufacturing. China has also released a national strategy named "Made in China 2025" to improve the competitiveness of China's high-tech industries. Affected by the competitive environment in the international market, Chinese exports are facing a severe situation in the global market at this stage: the advantages of low-end industries are rapidly weakening, and the advantages of high-end industries have not been established yet. Due to the advantage of cheap labor cost, China is locked in the low-end processing and assembly procedure in the Global Value Chains (GVCs) to gain a lower profit share, but with the risk of disappearing the Chinese cheap labor cost advantage, Chinese high-tech industry is facing the risk of "being squeezed out" from the GVCs. With the deepening of the international division of labor, the change of the national interest distribution pattern, and the spread of de-globalization in some developed countries,?the GVCs are undergoing a new round of large-scale restructuring, and the situation of GVCs being dominated by developed countries is changing. Industries of different countries have different paths of participation in the reconstruction of GVCs, including active embedding in GVCs, passive access to National Value Chains, and leading to the creation of Regional Value Chains (RVCs). Different high-tech industries in China choose different ways to participate in reconstruction of GVCs due to their different levels of competitiveness. Based on the Value-Added Revealed Comparative Advantage index, this study constructs the basis and criteria for choosing the path of reconstruction of GVCs and designs the appropriate path for Chinese high-tech industry. Pharmaceutical manufacturing and transportation equipment manufacturing industry tend to choose access state of the Value Chain reconstruction path against the background of globalization, and the chemical products manufacturing, electrical and electronic equipment manufacturing, and optical equipment manufacturing industries tend toward?”indigenous innovation” while dominating the RVC reconstruction path, linking international and domestic Value Chains, to achieve the domestic and international double cycle goals.