The Impact of Trade Policy Uncertainty on Corporate Supply Chain Resilience: Evidence from China

DOI

10.2991/978-94-6239-701-9_31How to use a DOI?

Keywords

Trade Policy Uncertainty; Supply Chain Resilience; Innovation; Financing Constraints

Abstract

Amid rising trade protectionism and deglobalization, Chinese firms face increasing exposure to trade policy uncertainty (TPU). Understanding how TPU influences corporate supply chain resilience is therefore crucial for building a modern industrial system and promoting high-quality economic development. Using 2010-2023 panel data of Chinese A-share listed firms, this study constructs a firm-level TPU index via annual report textual analysis and measures SCR with an entropy-based multidimensional index. Employing firm- and year-fixed effects models, we find that higher TPU significantly weakens corporate supply chain resilience. Mechanism analysis suggests that this adverse effect mainly operates through reduced innovation activities and heightened financing constraints. Further heterogeneity analysis shows that the negative impact is more pronounced among firms located in eastern China firms, SOEs, high-technology industry firms, and firms with weaker financial conditions. These findings offer important policy implications for mitigating uncertainty shocks, strengthening supply chain resilience, and safeguarding supply chain security.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Xue Lin
AU  - Weiqiang Wang
PY  - 2026
DA  - 2026/07/30
TI  - The Impact of Trade Policy Uncertainty on Corporate Supply Chain Resilience: Evidence from China
BT  - Proceedings of the 2026 11th International Conference on Social Sciences and Economic Development (ICSSED 2026)
PB  - Atlantis Press
SP  - 290
EP  - 305
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-701-9_31
DO  - 10.2991/978-94-6239-701-9_31
ID  - Lin2026
ER  -