The Influence Of Wages Rising On The Optimization And Upgrading Of Industrial Structure In Our Country

For a long time, our country has been developing labor-intensive industry economy based on the advantage of lots of "demographic dividend" and cheap labor cost, and workers’ wages have been suppressed in the lower level. For enterprises, long-term low wages policy makes the lack of further increase productivity, and hinders the adjustment and upgrading of industrial structure in our country.However, the level of workers’ wages will rise inevitably due to the rising cost of living information workers need the rise of human capital and the change of labor supply. This article argues that, the wage’s rising is available for the upgrading and optimization of industrial structure through following mechanisms in our country: firstly, influencing the consumer demand; secondly, influencing the labour supply; thirdly, the alternative of elements; fourthly, the technological innovation; fifthly, improve the quality of workers and so on. Then empirically detect the above conclusion through the STATA tool. Finally, put forward the corresponding policy recommendations, I think the government should intensify the adjustment in income distribution, at the same time, strengthen technology innovation and promote the level of Chinese human capital.