Research On Technological Progress And Innovation Of Equipment Manufacturing Industry In China

Recently, a new stage has come to the world’s economy. And, it’s more and moreimpeccable for traditional industry and the development of technology. People aredevoting themselves to getting the breakthrough of new technology. Becausetechnical progress is the hope of the development of world’s economy in the future,and it’s also that of China economy and enterprises. What has been realized by allkinds of people.Numerous theoretical and empirical studies have illustrated that technology havea decisive role in the level of productivity and competitiveness differences ofcountries. Equipment manufacturing industry which is a strategic industry providestechnical service for all walks of life. It has reached an agreement that the equipmentmanufacturing industry has an crucial role to a country’s competitiveness. Therefore,the promotion of the ability of technology innovation is decisive to strengthen thecompetitiveness of equipment manufacturing industry. Compared with the developedcountries, the obvious characteristics of the equipment manufacturing is abundant butnot powerful. Recently, China has come to a stage of accelerating the development ofindustrialization. The transform of industrialization’s growth code and industrialupgrade of industry of new types have the support of numerous advanced technology.So, the first mission is to improve the ability of technical innovation of equipmentmanufacturing industry.This paper cleared up some theories of technical innovation, described thecurrent situation of equipment manufacturing industry, compared the development ofChina’s equipment manufacturing industry with the other developed countries andanalyzed the reasons of the present situation. My paper discussed how to optimize thepath of technical innovation by analyzing the technical innovation path and itsperformance of equipment manufacturing industry, which provided the theoreticalsupport and practical guidance for promoting the ability of technical innovation of itand advancing the development of the industry.