Abstract:At present, China’s export trade growth rate is confronted with a sharp decline in the overall level, but it shows great differences at industry level. We can find the difference between the rate of change in export growth at the industry level and the degree of global value chain participation through the study of the characteristic facts and the initial correlation analysis. Therefore, the global economy comes into the depth of adjustment period,especially in the background of global value chain participation’s marginal deepening difficulty increasing gradually, as well as China’s economic development into the“New Normalization”. China needs to rely on technological progress and other new comparative advantages after entering a new stage, as well as reinforce the further integration and even rooted in the global value chain basis. On the other hand, we should seize and make full use of“The Belt and Road”strategic opportunities, as soon as possible to build China’s own global value chain. This is not only the strategic initiatives to achieve China’s export trade“steady growth”, but also the key to achieve the export trade's transformation and upgrading and developing the higher levels open economy.