This report explores how global value chains can support inclusive growth amid emerging trends. It highlights how tailored policies and regional cooperation can help economies enter global value chains and upgrade their roles while ensuring the benefits are more widely shared. Global value chains have driven growth, job creation, and poverty reduction in developing Asia and the Pacific by accelerating industrialization and integrating economies into global markets. Yet, simply participating in these chains no longer guarantees continued success; growth now relies on how well firms and workers can move into higher-value, more resilient roles. This report suggests policy priorities for economies at different stages of participation in global value chains. It explores how targeted and well-coordinated policies alongside strong regional cooperation can help economies harness integration to boost inclusive and sustainable growth.