The Interactive Path between the Development Quality of China's Manufacturing Industry and the International Competitiveness

Abstract

Abstract: This paper makes an analysis of the development quality of the manufacturing industry and the connotation of the international competitiveness from the perspective of domestic supply and international demand according to the modern economic system theory and the industrial international competition theory. Based on the evolutionary economics theory, it explores the interactive structure and the path of the manufacturing industries development quality and the international competitiveness from the perspective of industry and products, so as to construct an interactive evaluation index system. Then it employs a canonical correlation analysis model to explore the impact factor and impact degree between the manufacturing industry development quality system and the international competitiveness system, as well as the interaction inside of the systems. The empirical evidences show that, firstly, the development benefit, the medium and high-end industrial structure, the market allocation and the innovation potential (patent) of the manufacturing industry development quality have formed an effective interaction with the trade competitive index, the comparative advantage, the international market share and the scale economy of the international competitiveness, but the development speed, the innovative commercialization and the innovation potential (the intensity of science and technology funds input) of the manufacturing industry development quality would exert a weaker negative effect on the interaction of the above systems; secondly, the service guarantee can play a certain inhibiting role in the development of the manufacturing industry development quality system and the international competitiveness system, while the efficiency promotion effect of the production service industry is not given its play. Therefore, in order to promote the interaction between China's manufacturing industry development quality and the international competitiveness, it is necessary, starting from the domestic supply side, to pay attention to the balanced development of the internal economic development quality system, efficiency system and power system of the manufacturing industry development quality, as well as to optimize the supply structure of the production service industry.

Key words: development quality of manufacturing industry, international competitiveness of manufacturing industry, interactive path, canonical correlation analysis

HE Zhengchu, CAO De, WU Yan. The Interactive Path between the Development Quality of China's Manufacturing Industry and the International Competitiveness[J]. JOURNAL OF CONTEMPORARY FINANCE AND ECONOMICS, 2019, 0(1): 79-92.

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