The Servitization Of Manufacturing Industry To The G20 Asian Countries The Impact Of International Trade

The current manufacturing industry is still the mainstay of China's economy.However,because industrial development is in the middle and late stages,the development of manufacturing industry needs to be adjusted.The service industry is an important measure for the strategic transformation of manufacturing.From the perspective of the international environment,manufacturing service has a very important impact on trade,which can affect the country's import and export,and even directly affect the real economy.Therefore,many countries now increase the subsidiary value of products by increasing the service elements in the manufacturing industry,thereby enhancing international competitiveness and breaking through the dilemma of the development of the real economy.Therefore,this paper takes the international trade of G20 Asian countries as the research object,explores the specific impact of global manufacturing service,and summarizes the reform and development direction of Asian manufacturing industry through data.This paper first analyzes the research background,research significance,research methods and innovations,and lays the foundation for the subsequent analysis of the article from the background,followed by the description of relevant concepts,such as gravity model,manufacturing service,etc.After that,the theoretical model is built,and the framework is constructed through the classical gravity model and the neoclassical trade theory.This is the difficulty of the article,and then the analysis and collation of the data,the regression of the basic model,the extended model regression and the nonlinear model.Regression,draw data conclusions,lay the foundation for subsequent analysis,and finally draw conclusions based on the data results,and specifically explore the specific impact of global manufacturing service on G20 countries' trade.