Study On The Comparative Advantages & Development Policies With Respect To The Manufacturing Industry Of Hangzhou

In recent years, the manufacturing industry of Hangzhou has enjoyed a rapid development no matter in the production scale or the quality of economic operation. As a whole, its development still depends on traditional industries, which are still beset with problems such as low industrial level, weak capacity of technological innovation, etc. and challenged by the increasing pressures from industrial development space and industrial upgrading. Moreover, the relative scale of some new industries is somewhat small. With relatively week competitiveness in the market both at home and abroad, they are now still inferior to traditional industries while the specialized level is considered. For that, it is necessary to make a study on the comparative advantages and development policies with respect to the manufacturing industry of Hangzhou by combining knowledge concerned.This essay makes a brief analysis on theories related to industrial development and selection at first, pointing out the realistic meaning and weak points of theories concerning industrial selection. And then, it, based on the reality of the manufacturing industry of Hangzhou and combining knowledge with respect to industrial economics, makes an analysis on the current situation of the manufacturing industry of Hangzhou from such respects as industry's comparative advantages, development potentiality, driving effect, etc., and then makes a study on the industries that enjoy advantages in Hangzhou through structuring a statistical model. After that, it further points out the main disparity between the advantageous industries of Hangzhou and those advanced industries of the world as well as the development direction for the future via analyzing production efficiency, benefit, scale, investment, etc. Finally, it puts forward main policies that can quicken the development of manufacturing industry of Hangzhou on the basis of analysis.The essay thinks that the advantageous manufacturing industries of Hangzhou can be classified as two kinds: One kind is traditional advantageous industries, such as food & beverage industry, textile industry, leather industry, general-purpose...