With the aim to gain developing opportunities and initiatives in the world competition, most countries have been adjusting and upgrading the industrial structure of their economy, especially under the trend of economic globalization. The past thirty years has witnessed the obvious improvement of China's industrial structure through its continuous adjustment under the reform and opening-up policy. However, China's industrial structure level is still in a position, which has imposed great pressure on the resources, the environment and so on. Therefore, the sustainable development of China's economy urgently requires the upgrading of industrial structure.In order to realize the goal of industrial upgrading, it is a significant research project, which needs further study to make efficient policies of industrial investment and financing, to lead reasonable arrangement of financial resources and industrial investment activities. From the aspects of technological innovation, foreign capital utilization, the promotion of product value chain and industry cluster, this paper intends to study the routines of industrial upgrading, the correspond framework of the investment and financing management with the reference to the successful industrial upgrading experience of the USA, Germany, Japan and South Korea so as to put forward the policy suggestions. In the end, this paper takes the case of Zhejiang to give empirical analysis. |