Author(s)

Wei Wei ¹, Xiulan Chen ¹, Yun Zhang ¹

Affiliation(s)

¹ School of Finance, Shanghai Lixin Universtiy of Accounting and Finance, Pudong, Shanghai, China

Corresponding Author

Yun Zhang

ABSTRACT

Making the manufacturing industry bigger and stronger needs the support of the financial industry. Through analysis, this paper finds that China’s manufacturing industry contributes a lot to the bank, but the profit rate is generally low, and the loan from the bank also brings a low return to the bank. The cooperation between the manufacturing industry and the financial industry in China is still at a low level at present, and the commercial banks have not fully exerted their deeper professional ability. By studying some examples of the combination of industry and finance at home and abroad, this paper confirms that banks could be the capital strategy officers of manufacturing enterprises and serve the whole life cycle of enterprises, digital platform can also help manufacturing enterprises to carry out digital transformation, and other financial services industries can also do more for supporting the manufacturing industry. Government can also do something to promote the interaction between manufacturing industry and financial industry.

KEYWORDS

Manufacturing industry, financial industry, win-win Path

CITE THIS PAPER

Wei Wei, Xiulan Chen,Yun Zhang, The Discussion of Win-win Path for Manufacturing and Financial Industry in China. Industrial Engineering and Innovation Management (2022) Vol. 5: 76-85. DOI: http://dx.doi.org/10.23977/ieim.2022.051010.

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