Research On Convergence Performance Of Manufacturing And Producer Services

China’s manufacturing is facing tremendous pressure in the situation of international economic fluctuations and it’s time to upgrade this industry. The convergence between Financial, Information, Scientific Research, Technical Service, Computer Services, Software and Manufacturing brings hope for upgrading manufacturing. How to understand the convergence between two industries scientifically has important and realistic significance for the improvement of manufacturing’s competitiveness along with the opportunity of the industry convergence and collaborative development of various industries.Referring to the research achievements of industrial convergence in the world, this article analyzes the influencing factors of the convergence between manufacturing and producer services on the perspectives of technical innovation, government regulation as well as market demand. Choosing the degree of industrial agglomeration, the levels of technology innovation, foreign investment participation, industrial development, institutional factors respectively, afterwards we use econometric models to analysis the convergence. The results showed that the degree of industrial agglomeration, the level of foreign investment participation and the level of technological innovation can promote the industry convergence. The institutional factors hinder the occurrence of industry convergence. There is a curvilinear relationship between the convergence and the level of industry development. There is no significant correlation between the convergence and the average size of business.On the basis of the measurement of the degree of convergence and the analysis of convergent influencing factors, we analyze the convergent performance referring to the research achievements of the industrial convergence, industrial division theory, industrial interaction theory and industrial chain theory in domestic and overseas, meanwhile using panel data model, we also explain the relationship between industry convergence and market performance taking the convergence of sub-sectors of manufacturing and producer services as the analysis object. The studies have illustrated that there is apparent difference in the relationship between industrial convergence and market performance. The convergence level between financial sector and manufacturing is very low, the convergence performance is not exerted. The convergence degree-performance curve of Industrial, Transportation, Storage, Post sub-sectors with manufacturing is in the rising stage and has not reached its peak. The convergence degree-performance curve of Scientific Research, Technical Service with manufacturing is in the descending stage and begins to rise after breakthrough of its bottom. The convergence degree-performance curve of Leasing, Business Services and Information Transmission, Computer Services, Software is still in its bottom. To improve industrial performance, we should increase the penetrative efficiency of the producer services permeate in all aspects of manufacturing production. We took automobile manufacturing, a typical industry, as the case to understand the industry convergence performance deeply.According to the results of this article, we propose some practical advices in order to enhance the supporting effect of industry convergence in economic growth.