BYD Fully Leverages the Industrial Chain Advantages of the Pearl River Delta and Yangtze River Delta | Tang Jie

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(Source: Wen Hui Bao)

Recently, the “Forty People’s Forum on Chinese Political Economy · 2026” was held at the Shanghai Academy of Social Sciences, gathering experts and scholars from universities and academic institutions nationwide to share the latest insights on contemporary Chinese political economy from multiple perspectives.

The “Forty People’s Forum on Chinese Political Economy” was established in 2018 and has successfully held seven sessions so far. This year’s forum was co-hosted by the Shanghai Academy of Social Sciences’ Institute of Economics and the Chinese Political Economy Annual Conference, with the Political Economy Research Office of the Institute of Economics serving as the organizer.

“From Shenzhen Bao’an to Shanghai Hongqiao could become one of the busiest routes this year,” said Professor Tang Jie of the Chinese University of Hong Kong (Shenzhen). Based on case studies of industrial cooperation between the Yangtze River Delta and the Greater Bay Area, he found that cross-regional industrial logic has shifted from “final product sales” to “intermediate product division and collaboration,” forming an “R&D-manufacturing” embedded network. Using BYD as an example—this Shenzhen-based automaker fully leverages the industrial chain advantages of the Pearl River Delta and the Yangtze River Delta, connecting numerous cities, companies, and innovation chains. While promoting the development of new energy vehicle manufacturing in the Yangtze River Delta, it accelerates Shenzhen’s more specialized production and R&D, achieving world-leading development in core components such as electric drives, batteries, and electronic controls, as well as intelligent driving technology R&D and application. “Building a unified national market not only requires streamlining logistics, removing barriers, and reducing trade costs but also enhancing regional specialization efficiency to overcome division of labor thresholds. In the future, industry should rely on standard co-creation and platform dissemination to shift from ‘selling nationwide’ to ‘supply chain nationwide,’ achieving win-win outcomes through deep division of labor,” Tang Jie stated.

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