| Selection of Leading Industry is always a hotspot of academic economics. Leading industry does help locate a city's economic development and define orientation of government's economic policy. As Yangzhou is a middle and small city which is at the stage of conjunction of industry structure, it plays a vital role to Yangzhou social economy in selecting leading industry which adapts city development and achieves sustainable development. Meanwhile, as Yangzhou is a middle and small city, the selection of leading industry shall fully develop own characteristics, making best use of its advantages and bypassing the disadvantages, participating actively in the division of regional industries and answer industrial competition between cities. The essay finds eight major indexes of Yangzhou, Nanjing and Shanghai and creates factor analysis model which can calculate the weighting factor score of overall feature and developing trend of industrial development from 2005 to 2009, choosing current situation of advantageous industry in Yangzhou as well as expansion transfer tendency of industry in Nanjing and Shanghai. Then it analyses development environment, market, element, government and opportunity that advantageous industry meets and faces in Yangzhou and produces a conclusion of leading industry selection while combining with Baud's "the diamond system theory" about industrial competition. It also gives relative suggestions according to quantitative and qualitative analysis and combination of current national policy direction and leading industry development.The emphasis and innovation of the essay lies in:It uses factor analysis model to study development situation of industry in the period of 2005 and 2009. The analysis of industrial superiority and tendency built on the basis of a lot of data has strong objectivity and preciseness which enable conclusion and suggestion to have force and maneuverability. |
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