Study On The Influence Of "International Cooperation On Production Capacity" On Industrial Upgrading Of Chinese Equipment Manufacturing Industry

In recent years,with the development of China's "going global" and international cooperation on equipment production capacity,the scale of China's equipment manufacturing industry is expanding.However,the equipment manufacturing industry in China is also faced with the rising of the cost of production factors and the plight of overcapacity.It is urgent to realize the industrial upgrading by transferring excess capacity at home,and the proposal of international capacity cooperation has brought a rare historical opportunity for the equipment manufacturing industry in China.At the same time,China is implementing the Belt and Road Initiative provides an important guarantee for carrying out international cooperation capacity,contribute to the development of related industries,to provide a broader market for China's equipment manufacturing industry,promote China's equipment manufacturing capacity to "go global",to promote the upgrading of Chinese equipment manufacturing industry and continuous development.Based on this,this paper takes the equipment manufacturing industry in China as the research object,through the combination of theoretical analysis and empirical analysis,to study the impact of international capacity cooperation on the upgrading of the equipment manufacturing industry in China.First,the concept of equipment manufacturing industry,industrial upgrading and international cooperation on production is defined,and the influence mechanism of international cooperation on production on the upgrading of Chinese equipment manufacturing industry is analyzed.According to the comparative advantage theory and factor endowment theory,regional cooperation can promote the optimization of the allocation of production factors;according to the theories of international industry transfer.The transfer of marginal industry can achieve the output of excess capacity;according to the theories of foreign direct investment,foreign investment can produce reverse spillover of technology and promote the technology promotion of home country.Through the analysis about the status of the upgrading of Chinese equipment manufacturing industry,it is found that the equipment manufacturing industry has gradually slowed down after the rapid development for a period and is facing the bottleneck period of industrial upgrading.Although there are some constraints in the process of Chinese equipment manufacturing industry to participate in international capacity cooperation,international capacity cooperation can still provide a broad international market for Chinese equipment manufacturing industry.The empirical analysis proves that international capacity cooperation has a significant positive impact on the upgrading of the Chinese equipment manufacturing industry.Finally,based on the theoretical and empirical analysis,this paper puts forward the suggestions to achieve industrial upgrading of Chinese equipment manufacturing industry by international capacity cooperation.