Policy Research On Optimization Of Industrial Structure In China On Post-crisis Era

The global financial crisis deeply reflected the existence of profound defects of theinherent mechanism in the real economy, especially the industrial economy. It has beenstated in the eighteenth CPC National Congress Report that the major direction ofspeeding up the transformation of the mode of economic development is to promotestrategic adjustment of the economic structure. To achieve this, we must emphasis on theendeavor of improving the demand structure, optimizing the industrial structure,promoting equilibrium regional development, and furthering urbanization so as to solvethe major structural problems that restricts the development of a sustained and healthyeconomy. Unreasonable industrial structures, lack of ability of technology innovation,lack of core technology, relative low level in development, prominent contradictions ofthe under-development of advanced manufacturing and modern service industry, all addup to the status quo of China. In order to better the leading role government played in theprocess of adjusting the industrial structure, we must be clear about the specific factorsand corresponding underlying mechanism that affect the optimization and upgrading ofthe industrial structure.Based on the summary of China’s present industrial structure, industrial policy andthe regular pattern of the three industrial evolutions, this article explored the impetus andfactors that promote the adjustment and optimization of the industrial structure throughthe empirical study of the influence mechanism and hindering factors that affect theindustrial optimization, in order to tackle the problem of optimization and developmentof industrial structure in the post-crisis period. The article also gives enlighteningtheories and corresponding policy suggestions for the further structure optimization later.The paper consists of four chapters:Part1is introduction, which introducing the background and the significanceincluding theoretical and realistic, the main contents of the research.Part2consists two chapters，which summarizing relative research methods, thecreations and definitions. Chapter2is literature review. It synthesizes and provides comments on well-known opinions. Chapter3is the theoretical foundation part, mainlyelaborated related theory of industrial structure, industrial structure optimization andindustrial policy, and laying a foundation of selecting the influential factors of industrialoptimization.Part3is empirical analysis of this paper, consisting the statistics of statisticaldescription in chapter4and measurement model in chapter5. Chapter4analyses currentindustrial structure situation in our country under the post-crisis era, and industry policyemphasis and effects; Chapter5is empirical analysis of the key influences, including fourexplanatory variables: the leading industry, R&D spending, FDI and energy efficiency,and discuss the respectively effects towards industrial structure optimization based onPanel Data model. The analysis of regression shows how those effects upgrading ofindustrial structure, combining with actual industrial structure situation. Aiming at theconsequence above, the paper poses various possible reasons.Part4is conclusion and policy suggestion. After summarizing the conclusion of thisresearch, this chapter put forward policy suggestions from macroeconomic levelconsisting of polishing the policy of industrial structure optimization.