Research On The Influence Of Producer Services Import On The Competitiveness Of China's Manufacturing Industry

The global economy shows a new trend of transformation from "industrial economy" to "service economy".With the increasingly significant role of service industry in the economy,the competition of manufacturing industry in the international market and the development of producer services are increasingly close.Developed countries have put forward "Reindustrialization","manufacturing industry return" and other strategies to control and govern the high-end of the global value chain.However,China's manufacturing industry is large but not strong,which is temporarily at the middle and low-end of the global value chain at this stage.In this economic situation and the real dilemma of the development of China's manufacturing industry,it is of great significance to study the impact of the import trade of producer services on the competitiveness of China's manufacturing industry,so as to promote the interaction and integration of producer services and manufacturing industry,and enhance the competitiveness of manufacturing industry.Using time series data,this paper studies the impact of producer services on the competitiveness of China's manufacturing industry from the perspective of import trade.On the basis of reviewing the relevant research at home and abroad,this paper summarizes four mainstream views on the relationship between producer services and manufacturing industry,and analyzes the formation and influencing factors of a country's industrial competitiveness through the theory of national competitive advantage.In the current situation analysis part,the author studies the import trade of producer services in China from two aspects: the whole import and the import of sub industries,and analyzes the competitiveness of China's manufacturing industry from three aspects: the competition process,the competition results and the service-oriented manufacturing industry.In the part of empirical analysis,the index of demonstrative comparative advantage is used as the index to measure the competitiveness of manufacturing industry,and the impact of producer services import on the competitiveness of manufacturing industry in China is analyzed quantitatively.The conclusions of this paper are as follows:(1)the negative inhibition effect of producer services import on the whole level is greater than the positive promotion effect.Therefore,producer services import has a significant negative impact on the competitiveness of China's manufacturing industry.(2)The negative effect of traditional producer service import on improving the competitiveness of China's manufacturing industry is greater than the positive effect,and the final performance is negative inhibition,and the impact is significant;the positive effect of emerging producer service import is greater than the negative effect,and the final performance is positive promotion,but the impact is not significant.(3)R&D investment,capital investment,industry management level and economic freedom have positive effects on the competitiveness of China's manufacturing industry,while labor investment,foreign direct investment and local manufacturing enterprises have negative effects.Finally,based on the above conclusions,the paper puts forward policy suggestions: optimize the structure of producer services import trade;adjust the internal structure of manufacturing industry;improve the level of domestic producer services.Therefore,the government,manufacturing enterprises and local producer services enterprises should take different policy measures.This paper studies the impact of producer services import trade on the competitiveness of China's manufacturing industry,the formulation of industrial and enterprise development policies,and the use of producer services import trade to enhance the competitiveness of China's manufacturing industry.