Research On The Influence Of Manufacturing Servitization On The Technological Complexity Of China’s Manufacturing Export

After the reform and opening up,based on the theory of comparative advantage and the theory of factor endowment,China quickly integrated into the global economy with its abundant and cheap labor resources,created the "China Miracle" and achieved rapid economic growth.The scale of its export trade,the categories and total volume of its manufacturing industry also ranked among the top in the world.But by exploring the problems existing in the development,we can see that the structure of Chinese export product solidification is limited to the primary processing products,and our country is gradually trapped in the low position of the manufacturing production value chain due to the lack of core technology,the disappearance of demographic dividend in recent years and the rise of wages.On the whole,the reality is that although China is a big manufacturer,its manufacturing is not strong,and it is limited to manufacturing rather than creation.The overall production is still at the low end of the global value chain,and one of the factors causing the above problems is the low level of servitization of the manufacturing industry.After the financial crisis in 2008,the global economy was hit hard by the epidemic in 2020,and the overall global consumer demand showed a depressed trend.In the context of the overall sluggish economy,how to improve the technological level and content of the manufacturing industry in China needs to be answered urgently.This paper will take the servitization of manufacturing industry as the entry point to explore effective ways for manufacturing industry to increase the added value and technical content of products,enhance the position of value chain and enhance the technical complexity of export.According to the logical framework of theory,demonstration and countermeasure research,explore its internal mechanism,investigate the specific effects,and then put forward some targeted and feasible policy suggestions.Starting from the service transformation of manufacturing industry,this paper studies its impact on the technological complexity of export.Firstly,by combing academic literature and related theories,this paper analyzes the current development situation,so as to build a research framework,analyze the mechanism of action,and propose hypotheses based on literature and theories.Secondly,based on the mechanism study and the current situation study,the empirical model of manufacturing servitization and export technological complexity is constructed,and the influence of the two is studied empirically and the data results are analyzed.Finally,based on the empirical results,the author draws a conclusion and puts forward corresponding countermeasures and suggestions from the aspects of influence mechanism and action channels.The main research conclusions of this paper are: First,the status quo part,China’s manufacturing industry has become more servitization trend;The overall technical complexity of China’s manufacturing exports has improved.On the whole,the service level of Chinese manufacturing industry is not high,and the technical complexity of export is low,so there is still great room for improvement.The second part is empirical analysis.The empirical results are tested by robustness and the conclusion is that servitization of manufacturing industry has a significant promoting effect on the technological complexity of manufacturing export.According to the results of heterogeneity test,the influence of manufacturing servitization on manufacturing industries with different factor intensity has obvious heterogeneity.The regression results show that the improvement of manufacturing servitization has a significant improvement effect on technology-intensive industries.Among the input categories of service factors,science and technology,finance,information and communication service factors have a more significant role in improving.