Exploring the Path of Transformation and Upgradation of Guangdong's Processing Trade

Abstract

Processing trade has developed rapidly in Guangdong since the reform and opening up, making a huge contribution to the economic development of Guangdong. However, there are also many problems in the development of processing trade, such as weak independent innovation ability of processing trade enterprises, lack of brand awareness, and low technological content of processing trade products. Therefore, studying Guangdong's processing trade and pointing out the direction and countermeasures for the transformation and upgrading of Guangdong's processing trade have important practical significance.