中文摘要：

<正>Using matched firm-level trade and production data over the period 2000-2006,we study the product-destination portfolio and dynamics of Chinese industrial exporters and make a thorough comparison among four types of firms and between two kinds of trade modes.We find that ownership structure and trading modes do matter to the destination and product mix choices of Chinese industrial exporters.In particular,foreign firms’ exports and processing trade tend to be more destination-specific and products are more specialized. Therefore,foreign firms are more likely to maintain a particular link within a specific global supply chain.

英文摘要：

Using matched firm-level trade and production data over the period 200~2006, we study the produet-destination portfolio and dynamics of Chinese industrial exporters and make a thorough comparison among four types of frms and between two kinds of trade modes. We find that ownership structure and trading modes do matter to the destination and product mix choices of Chinese industrial exporters. In particular, foreign frms＇ exports and processing trade tend to be more destination-specific and products are more specialized. Therefore, foreign firms are more likely to maintain a partieular link within a specific＇ global supply chain.