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Academic Journal of Business & Management, 2023, 5(12); doi: 10.25236/AJBM.2023.051222.

Research on the impact of high quality manufacturing development on industrial structure upgrading

Author(s)

Chuyu Feng, Bowen Tan

Corresponding Author:
Chuyu Feng
Affiliation(s)

International Business College, South China Normal University, Guangzhou, Guangdong, 510080, China

Abstract

The entropy method is employed to gauge the index of high-grade manufacturing industry growth in 30 provinces, cities, and autonomous regions from 2011 to 2020, and the double-fixed model is utilized to investigate the correlation between high-grade manufacturing industry growth and industrial structure upgrading. The upgrading of industrial structure is significantly and positively impacted by the high-grade production of goods. Analysis shows that Beijing has the highest manufacturing quality development index and Xinjiang has the lowest manufacturing quality development index. The degree of government intervention and economic development have a detrimental and considerable effect on industrial upgrading, whereas social consumption and financial growth have a beneficial and noteworthy effect. Consequently, several proposals are proposed to advance the industrial structure's advancement.

Keywords

High quality manufacturing development, Upgrading of the industrial structure, Entropy method, Double fixing formula

Cite This Paper

Chuyu Feng, Bowen Tan. Research on the impact of high quality manufacturing development on industrial structure upgrading. Academic Journal of Business & Management (2023) Vol. 5, Issue 12: 128-132. https://doi.org/10.25236/AJBM.2023.051222.

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