Abstract: Based on the indices such as the global value chain position index, interaction relationship and revealed comparative advantage, and taking the 15 member states of RCEP (Regional Comprehensive Economic Partnership) as the main research object, the status of the division of labor in the manufacturing industry between China and the RCEP members is analyzed, and the status of production and marketing network in the region is also explored. The study indicates that China and other economies in the region are more complementary than competitive in manufacturing; it can be expected that after the RCEP officially takes effect, China can strive to play a high-end role in the value chain; the RCEP production network will gradually form a tripartite trend with Europe and the Americas; and the RCEP value chain system has a clear inward trend; finally, a production and market network centered on China is gradually taking shape.

Key words:  global value chain, regional value chain, position index, production and marketing network