Research On The Impact Of Service Import On China’s Manufacturing Upgrading

In recent years,with the development of economic globalization and technological revolution,all countries in the world have specified re-industrialization strategy to revitalize the manufacturing industry as the core of the developed countries,the emergence of the "high-end manufacturing reflow" phenomenon,developing countries also began to implement the "low-end manufacturing division" initiative.Chinese manufacturing industry as an important part of industrial support the development,by two-way squeeze,transformation and upgrading has become inevitable.There are many ways to upgrade the manufacturing industry,many path of upgrading in the manufacturing industry,which can not be ignored is that the service industry for the manufacturing industry transformation and upgrading an important support,especially the productive service industry.In recent years the rapid growth of service imports largely support the development of manufacturing industry.But for a long time,China’s service industry itself is seriously insufficient,it is difficult to meet the growing needs of the manufacturing industry to the service industry.so should strengthen the service industry service industry import.How to promote the upgrading of the manufacturing industry depends on the absorptive capacity of manufacturing enterprises.This paper argues that how to promote manufacturing services import upgrade,which depends on the absorption of manufacturing enterprises.This paper,first of all,from the perspective of absorptive capacity,explores the service import channels and mechanisms that affect the upgrade of manufacturing,to the human capital level,R&D investment level and the level of financial development measured respectively by direct effect of absorptive capacity,technology spillover effect and the former backward to the correlation effect impact on manufacturing enterprises.In this paper,we measure the upgrading of the manufacturing industry from two angles,the first is the complexity of the manufacturing industry export technology,and the other is the improvement of the total factor productivity of the manufacturing industry.First of all,this paper theoretically explains how the service import promotes the upgrading of manufacturing industry,and how the absorptive capacity as the intermediate variable plays a role;Secondly,this paper uses 2000-2015 trade statistics HS classification of product manufacturing industry and the national economy classification corresponding to the reference Smith(1984)method to estimate China’s 2000 industry products in 2015 manufacturing export sophistication,and then use the OLS method and WLS method to conduct the empirical study,and the robustness test.Besides,we uses data envelopment analysis(DEA)for the manufacturing industry from 2005 to 2014,China’s 27 provinces of the total factor productivity index were calculated,respectively,analysis of the changes of TFP in manufacturing industry from the perspective of difference time series data and analysis area,producer services FDI on the threshold effect of manufacturing TFP.Finally,in the research,this paper draws the following conclusions:The import of service industry has a significant positive effect on the technological complexity of manufacturing industry,the interaction between the import of service industry and the per capital GDP also has a significant role in promoting the upgrading of manufacturing technology complexity.The empirical results confirmed the theoretical assumptions of the articles.On the whole,the productive service industry FDI promotes the total factor productivity of the development of manufacturing industry,and the level of human capital and R&D investment level threshold effect exists in the production of services FDI impact on manufacturing TFP.Between FDI of producer services promote total factor productivity of manufacturing industry and improve the level of human capital and R&D investment level is non monotonic relationship:the increase of human capital level,the promotion will significantly change;with the R&D investment level,the coefficient of the production of services FDI on the total factor productivity of manufacturing industry the increase occurred from negative to positive phenomenon,by inhibition of change in order to promote the role of financial development.With the continuous improvement of the level of influence,FDI of producer services for manufacturing TFP by using block into effect.According to the empirical results,the strengthening of services imports,especially to accelerate the production of services imports,raise the level of human capital,increase investment in research and development,improve the level of financial development,and put forward to promote the upgrading of the manufacturing industry measures.