Abstract: The quality of import value chain comprehensively measures the quality of intermediate goods in the import value chain and the production relationship between the participants. The quality of import value chain influences the embedded interests of global value chain through direct mechanism such as production cost and price and the indirect mechanism of technology spillover.It is found that the improvement of the quality of China′s import value chain has significantly improved the embedded interests of global value chain, which plays a greater role in manufacturing industry, especially in the middle and high-tech manufacturing industry. Therefore, China should strengthen the cooperation and interaction with the leading enterprises in the global value chain, improve the absorption capacity of technology spillovers, focus on cultivating high-level production factors, and increase human capital investment and R&D innovation, to gradually climb to the middle and high-end of the global value chain.

Key words: quality of import value chain, embedded interests of global value chain, technology spillover