WTO | Made in the World - Revisiting Trade in a Globalized World – Global Value Chains and their Impact, workshop

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MADE IN THE WORLD
Revisiting Trade in a Globalized World — Global Value Chains and their Impact

An international workshop on “Revisiting Trade in a Globalized World” was held in Chengdu, China, in October 2011. Following addresses by keynote speakers, the workshop focused on an analysis of global value chains in relation to China. This was followed by a presentation of how trade can be “measured” in value added in order to provide policy makers and trade analysts with better statistics. The workshop ended with an analysis of the implications for trade policy and employment.

Background

Asia has developed into a manufacturing hub — often referred to as “Factory Asia”. Today, some 80 per cent of Asia’s exports are manufacturing products, e.g. electronics. Global value chains contributed to this development. Nowadays, a large part of manufactured products consumed all over the world is produced within international supply chains. Companies specialize in specific tasks (trade in tasks) and more and more products are composed of parts and components of various geographical origins. The label on the back of such products should be “Made in the World” rather than “Made in a specific country”.

Agenda

October 2011


	Session One
	15.00 -15.05	Opening of the Seminar Chaired by Patrick Low, Chief Economist, World Trade Organization
	15.05 -15.20	Keynote Speech H.E. Pascal Lamy, Director-General of World Trade Organization > Speech
	15.20 -15.35	Remarks H.E. Mr YU Jianhua, Assistant Minister, Ministry of Commerce of China (MOFCOM)
	15.35 -15.50	Remarks Mr XIE Hong, Vice-Chairman of Sichuan Committee of Chinese People's Political Consultative Conference (vice minister level, representative of Sichuan government)

	Session Two	Global Value Chains — the Asian Experience, Measurement, and Impact on Employment and Income
	16.00 -16.20	“What is behind ‘Made in China’?” Evidence from China's Processing Trade Regime Mr Ari van Assche, Department of International Business, HEC, Montréal, Canada > Presentation
	16.20 -16.40	Trade in Value Added — Methodologies and Experiences Mr Andreas Maurer, Chief of International Trade Statistics Section, Economic Research and Statistics Division, WTO > Presentation
	16.40 -17.00	Global Value Chains — Implications for Trade Policy and Employment Mr Koen De Backer, Senior Economist — Structural Policy Division, Directorate for Science, Technology and Industry, OECD > Presentation

	Session Three	Forum Discussion and Q&A
	17.15 -18.00	Moderator: Mr Patrick Low
	18.00	Conclusions