Abstract: With the extensive and deep integration of China's manufacturing industry into the global production network system, the global innovation network system and the international trade cycle system, the total factor productivity (TFP) growth is increasingly closely related to the global value chain (GVC) and the global innovation chain (GIC). At first, this paper analyzes the action logic of global double chain on total factor productivity. And then explores the growth trend of China’s manufacturing total factor productivity and its structural evolution from the dual-chain perspective of global value chain and global innovation chain based on China’s customs micro-data and manufacturing industry-level data. It shows that continuous advancement of cutting-edge technology is the core driving force for the rapid growth of TFP. The causes of changes in the decomposition factors of TFP growth show that, unlike the global value chain that inhibits the improvement of scale efficiency, the global innovation chain has an eye-catching effect on the improvement of technical efficiency and allocation efficiency. The global multi-link chain interaction formed by R&D cooperation, technology introduction and export product innovation can significantly promote the advancement of cutting-edge technology. Furthermore, the dual-chain interaction of GVC and GIC contributes to the improvement of scale efficiency. In addition, technology intensive manufacturing is more dependent on independent research and development innovation. In view of the core driving role of the global innovation chain in the evolution of China’s manufacturing TFP growth structure, the article proposes to uphold systemic innovation thinking, establish such development strategy as a global value chain to actively integrate into the global innovation chain and the global innovation chain endogenously to drive the global value chain, and to promote China's manufacturing industry to achieve high-quality sustainable development.

摘要： 随着中国制造业广泛深度融入全球生产网络体系、全球创新网络体系和国际贸易循环体系，全要素生产率增长与全球价值链和全球创新链双链关系日益密切。文章首先剖析全球双链对全要素生产率的作用逻辑，然后基于中国海关微观数据和制造业行业层面数据，利用固定效应面板回归模型，从全球价值链和全球创新链双链视角切入探讨中国制造业增长趋势及其结构演变。研究表明：前沿技术持续进步是全要素生产率高速增长的核心动力。全要素生产率增长的分解要素变动成因显示，不同于全球价值链抑制规模效率改进，全球创新链对技术效率和配置效率提升作用抢眼。由研发合作创新-技术引进创新-出口产品创新形成的全球多环节链式交互作用能显著推动前沿技术进步。进一步的，全球价值链和全球创新链双链交互有助于规模效率改进。另外技术密集型制造业更依赖自主研发创新。鉴于全球创新链在中国制造业TFP增长结构演变中的核心驱动作用，文章提出要秉持系统性创新思维，建立全球价值链主动融入全球创新链，全球创新链内生驱动全球价值链的发展策略，推动中国制造业实现高质量可持续发展。