Research On The Industry Selection And Adjustment Of Guangxi From The Perspective Of High-quality Economic Development

The 19 th National Congress of the Communist Party of China is a turning point in my country’s economic development mode.The report of the 19 th National Congress of the Communist Party of China on the transition from high-speed growth to high-quality development has pointed out the direction for China’s economic development in the new era.Promoting the high-quality development of my country’s economy is the focus of the "14th Five-Year Plan" period.In 2014,the State Council approved the "Pearl River-Xijiang Economic Belt Development Plan".Since then,the development of the Pearl River-Xijiang Economic Belt has become a national strategy,and Guangxi’s development advantages have become more prominent.Guangxi,as a major national channel facing ASEAN in the new era,a strategic fulcrum for the opening up and development of the Southwest,Central and South China,and an important gateway to the “Belt and Road” initiative,it is necessary to have appeal to promote regional economy to realize high quality development.The current high-quality development of Guangxi’s economy has both opportunities and challenges: superposition of national policies,superior geographical location conditions,two-way linkage of Xijiang and Beibu Gulf,approval of the free trade pilot zone,abundant natural resource endowment conditions,and good ecological climate Conditions and lower human resource costs provide the basis for Guangxi’s rapid economic growth to high-quality development;but at the same time,it should also be noted that Guangxi’s heavy industries such as building materials,metallurgy,and petrochemicals account for a high proportion,and key core technologies and R&D capabilities are insufficient.Lack of high-quality talent reserves and training,weak economic volume and financial strength,etc.pose severe challenges to the high-quality development of Guangxi’s economy.Therefore,the study of Guangxi’s high-quality industry selection is of great significance for Guangxi’s catching up and surpassing development and it will provide theoretical support for Guangxi’s future formation of a reasonable industrial layout,optimizing the industrial structure,and promoting the establishment of an innovative,coordinated,green,open,and shared modern industrial system in Guangxi.Based on the current theoretical research,principal component analysis is used as the main research model,and quantitative analysis tools such as SPSS are used to establish an evaluation system for high-quality development of industry selection,and analyze and research the leading industries.Firstly,based on the theory of comparative advantage,industrial relevance theory,Shinohara two benchmark theories and existing related literature,this paper proposes the industrial connotation and specific characteristics of the high-quality economic development of Guangxi,as well as the impact mechanism of the industrial structure on the high-quality economic development.Secondly,it analyzes the history and status quo of industrial evolution in Guangxi,and puts forward the advantages,disadvantages,opportunities and challenges faced by the industrial development of Guangxi under the background of high-quality economy.Then,on the basis of the five major development concepts in the new era,an index system for evaluating the selection of industries for high-quality economic development is proposed,and a quantitative analysis of the selection of industries in Guangxi is carried out,and the leading industries for high-quality development in the future are proposed.Finally,based on theoretical analysis and empirical quantitative analysis,an industrial path to promote the high-quality development of Guangxi’s economy is proposed.The research conclusions show that Guangxi will vigorously develop high-end equipment manufacturing,strategic emerging industries,medical and healthcare industries,and optimize traditional leading industries based on its geographical advantages and resource endowment conditions adjacent to ASEAN.Eventually,a green,low-carbon,efficient and healthy modern industrial system will be formed.