Study On The Association Of Producer Services And Manufacturing Industries In Guangxi

Under the background of the economic developing new normal, focusing on " the 13th Five-year Plan "and promoting the reform of supply side structural have become a hot topic in modern China. Service industry especially the productive service industry has become very important to promote the growth of GDP in the developed countries, has become the focus of the supply side direction of the structural reform, also is powerhouse of manufacturing upgrade. In this context, Guangxi is looking from "industrial economy" to "service economy". So the correlation between productive service and manufacturing industry have essential effect on supply side structural reform in our country.Producer services is the most active and fastest growing industry, also is the development potential of the largest industries in today’s economy. Manufacturing is benchmarking of measuring comprehensive economic strength between countries, also is core strength to implement the good blueprint of "manufacturing 2025". This article attempts to analyze association between producer services and manufacturing industry in Guangxi. This paper introduces the connotation, the generation mechanism and characteristics of producer services, correlation theory review of producer service and manufacturing industry, and then analyze the development present situation of the productive service and manufacturing industry in Guangxi. According to input-output table of China in 2007 and 2012 year, this passage will systematically calculate manufacturing intermediate demand rate and influence coefficient of producer services, producer services intermediate investment rate and reaction coefficient of manufacturing. Based on these data we would analysis industrial linkages of producer services and manufacturing industries in Guangxi. Then this article will further make empirical regression models between producer services and manufacturing industries in Guangxi. The conclusion can be reached: Manufacturing intermediate demand rate of producer services is greater than producer services intermediate investment rate of manufacturing in Guangxi. The whole manufacturing industry need reaction degree of productive services is strong, while productive service demand for manufacturing induction degree is insufficient. The poor development of Producer services has the negative effects for manufacturing industries, however, the development of manufacturing industries play a positive role on the development of producer services. It is concluded that modern producer services can’t satisfy the development of modern manufacturing industry, lead to insufficient on both interaction and can’t promote manufacturing industries’ structure upgrading and the sustainable development of producer services. Therefore, producer services are in urgent need of specialization, scale in Guangxi.To this problem, this paper puts forward four countermeasures about development of producer services in Guangxi. First, Guangxi should promote the rapid development of producer services; Second, it’s necessary to develop strategies for promoting the adjustment and upgrading of manufacturing industry in Guangxi; Third, Guangxi have to speed up the production and the productive service integration.