Research On China’s Productive Services Import And Transformation And Upgrading Of Manufacturing Industry

Since reform and opening-up,China’s manufacturing industry has been developing rapidly,and a complete and an independent industrial system has been built,which has strongly promoted the process of industrialization and modernization in China.With the advent of intelligent economy,new rounds of scientific and technological revolution and industrial revolution have sprung up quietly.The developed countries have launched the transformation and upgrading plan of manufacturing industry aiming at intelligence,green,service and high-end,with a view to seize the opportunity in the new round of technological revolution.Solid economy as a solid foundation for China’s economic development,the transformation of development model of manufacturing industry is of great significance to the construction of our modern economic system.Under the new normal economy,the traditional cost advantage of manufacturing industry in China is gradually disappearing,relying on extensive growth mode such as energy input and scale expanse,it’s difficult to maintain sustainable development of manufacturing industry.It is urgent to transform development mode and achieve transformation and upgrading.The role of productive services is to maintain the continuous production process of manufacturing industry,to promote the technological progress and to improve the efficiency of production of manufacturing industry,leading the increasingly specialized human capital and knowledge capital into manufacturing industry,it’s one of the main forces to promote the transformation and upgrading of manufacturing industry.Due to the late start and low development level of China’s productive service industry,the proportion of productive service industry in GDP has a big gap between China and the developed countries;it’s unable to meet the diversified needs of manufacturing industry transformation and upgrading for productive services.With the acceleration of globalization,the scale of China’s productive services import has expanded rapidly.The demand for productive services in the process of manufacturing industry transformation and upgrading can be met by importing nature and specialized productive services from developed countries.In this context,this paper mainly studies the impact of the import of productive services on the transformation and upgrading of manufacturing industry in China.I first analyze the influence and the influence path of productive services import on manufacturing industry transformation and upgrading from a theoretical point ofview;secondly qualitatively analyze the present situation of China’s productive services import and manufacturing industry from the perspective of the overall and sub industry;thirdly empirically analyze the impact of China’s productive services import on manufacturing industry transformation and upgrading from the two angles of “quantity” and “quality”,and analyze the difference effects of the different industries of productive services;finally put forward the policy suggestions for the transformation and upgrading of China’s manufacturing industry based on the results of empirical analysis.Based on the endogenous growth theory,intra industry trade theory and intra product trade theory,through theoretical analysis i find that the paths of productive services import affects China’s manufacturing industry are optimizing the efficiency of resource allocation in manufacturing industry,to meet the diversified needs of manufacturing production,influencing manufacturing production through technology spillover and economics of scale,promoting the division of labor in the global value chain of China’s manufacturing industry.There are two forms of productive services trade,which are cross-border trade and commercial existence,i qualitatively analyze the characteristics of the two forms of import form the perspectives of the overall and sub industry.The technology complexity is used to measure the “quality” of the import of productive services trade in China,the import technology complexity of China’s productive services trade is improving steadily,which lays the foundation for the transformation and upgrading of manufacturing industry.It is found that the growth rate of China’s manufacturing industry remains high,but the downward trend is obvious through qualitative analysis of the current situation of manufacturing industry.Finally,i point out that the main parts of China’s manufacturing industry to participate in the global value chain are the processing and assembling that lower value added links,it still has very large development space of China’s international division of labor in the manufacture industry.On the basis of qualitative analysis of the present situation of China’s manufacturing industry,combining with the connotation of manufacturing industry transformation and upgrading,i empirically analyze the impact of China’s productive services import on manufacturing industry transformation and upgrading from three aspects of manufacturing economics efficiency,production efficiency and status in global value chain.Firstly,i analyze the impact of China’s productive services trade on the value added rate in manufacturing industry from the perspectives of “quantity”and “quality”.There are two forms of productive services trade in the perspective of“quantity”,which are cross-border trade and commercial existence(foreign direct investment),and the technology complexity is used to measure the “quality” of the import of productive services trade in China.Secondly,i empirically analyze the impact of the import of productive services on the total factor productivity of China’s manufacturing industry.The DEA-Malmquist index is used to calculate the total factor productivity of manufacturing industry;then I take productive service imports as the core explanatory variable(two import forms of cross-border trade and commercial existence)to analyze its impact on TFP from two perspectives of“quantity” and “quality”,and analyze the differences of different import departments.The results of the regression show that,as a whole,the import trades of productive services can significantly promote the growth of the TFP of China’s manufacturing industry;foreign direct investment in productive service industry can promote the growth of the TFP of China’s manufacturing industry,but the effect is not significant;the technology complexity of productive services import can promote the growth of the TFP of China’s manufacturing industry,but the effect is not significant.According the branch,different import departments have different effects on the total factor productivity of China’s manufacturing industry.Finally,i empirically analyze the influence of import of productive services on the international division of labor in China’s manufacturing industry.I use the world input-output table to calculate the international division of labor status index of China’s manufacturing industry;then take productive service imports as the core explanatory variable(two import forms of cross-border trade and commercial existence)to analyze its impact on the international division of labor in China’s manufacturing industry from perspectives of“quantity” and “quality”.The results of regression show that,as a whole,both the import trade of productive services and the foreign direct investment in productive service industry can greatly promote the promotion of the international division of labor in China’s manufacturing industry;the technology complexity of productive services import can promote the promotion of the international division of labor in China’s manufacturing industry,but the effect is not significant.According the branch,different import departments have different effects on the international division of labor in China’s manufacturing industry.On the basis of theoretical and empirical analysis,i put forward that in order to promote the promotion effect of productive services on manufacturing industrytransformation and upgrading,we should seize the opportunity to promote the development of China’s productive service industry,expand the openness of China’s productive services trade and introduction of the foreign direct investment in China’s productive service industry.In the present stage,the supply of China’s productive services can’t satisfy the demand of manufacturing industry,we can through importing productive services from developed countries and the technology spillover effect of foreign direct investment to promote the transformation and upgrading of China’s manufacturing industry.We should take fully account of the differences of the different productive services import departments,and make import strategies according the development goals of manufacturing enterprises.At the critical stage of the transformation and upgrading of China’s manufacturing industry,we should pay more attention to the training of the professional talents,and improve the R&D ability of the manufacturing enterprises.