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Research On The Interactive Relationship Between Chine’s Producer Service Industry And Manufacturing Industry

Posted on:2021-01-27Degree:MasterType:Thesis
Country:ChinaCandidate:Z H JiaoFull Text:PDF
GTID:2439330623972728Subject:Industrial Economics
Abstract/Summary:
With the past 40 years rapid development powered by its economic reform and opening-up policy to the outside world,China has developed from a medium-scale manufacturing country to the largest manufacturing power of the world.Following the tide of globalization,the manufacturing service industry has also achieved tremendous development by actively undertaking the service businesses from transnational corporations.With their complementary functions,the manufacturing industry and the manufacturing service industry may simultaneously promote their development quality by developing their efficient interactions.However,on the one hand,there exists the fact that the Chinese manufacture industry still has the defect of being large in scale but less strong in capabilities,and there exists a wide gap between the Chinese manufacturing service industry and that of the developed countries.On the other hand,the interactions between them are not smooth enough to perfect their interactive foundation and interactive mechanism.Under this background,the study of the interaction between them is of great significance to the development of the manufacturing industry and manufacturing service in China.This paper,firstly,reviews the literature relevant to the interaction between manufacturing service and manufacturing industry,analyses their interaction mechanism.According to the study,the interaction between manufacturing service industry and the manufacturing industry can promote the country’s manufacturing industry through human capital effect,technological innovation effect,financing capacity effect and scale economy effect.Next,this paper analyzes the current development and interactive situation between the manufacturing service and manufacturing industry,explores the problems and their causes in the interaction between them.As the study shows that currently there exists the severe defect of structural disequilibrium in their interaction relationships in China,which is shown particularly in that the manufacturing industry has a greater demand on non-knowledge-intensive sectors in the manufacturing services,instead of knowledge-intensive sectors.Due to this interactive relationship,the manufacturing industry is hard to develop in human capital accumulation,technological innovation capabilities,and financing capabilities,resulting in,to some extent,the manufacturing industry’s current situation of being large in scale but less strong in capabilities.Thispaper believes that the present situation in manufacturing industry is caused by being so under-developed of the manufacturing service industry that it is hard for it to be well connected with the country’s manufacturing industry.Finally,this paper analyzes the influencing factors of the interactive relationship between the country’s manufacturing service industry and the manufacturing industry and proves the role of each influencing factor by constructing an econometric model.As shown from the results,in China,there is a positive correction relationship between the level of foreign capital utilization,human capital accumulation,and capital intensity of the manufacturing service industry and the optimization degree of the interaction between the manufacturing service industry and the manufacturing industry.Based on the above research findings,this paper proposes some policy suggestions,aiming to perfect the interactive relationship between the manufacturing service industry and the manufacturing industry,specifically including: enhancing the talent training,expanding the financing channels and further opening up to the outside world in the manufacturing service sectors.
Keywords/Search Tags:manufacturing service industry, manufacturing industry, interactive relationship
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