Research on the choice of cooperative industries for Jiangsu manufacturing industry to expand production capacity
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DOI: 10.23977/GEBM2020.004
Corresponding Author
Maolin Ye
ABSTRACT
international production capacity cooperation is an important measure proposed by the state to maintain medium and high-speed economic growth and move towards the middle and high-end level. It is also an important content to promote China's new round of high-level opening-up and enhance international competitive advantage. As a big province of manufacturing industry development, Jiangsu Province is of great significance to expand production capacity cooperation. This paper first summarizes the current situation of international capacity cooperation in manufacturing industry in Jiangsu Province, and then analyzes the importance of expanding international production capacity cooperation in Jiangsu Province from both theoretical and practical perspectives. Then, it calculates the top ten advantageous industries in Jiangsu Province through the calculation of location entropy, and calculates the absolute and relative advantages of industries by principal component factor analysis, and combines the results of the two kinds of analysis, Finally, the paper summarizes the Industries that Jiangsu Province should expand the cooperation of production capacity. At the same time, it analyzes the potential of these industries and puts forward relevant suggestions.
KEYWORDS
Manufacturing industry expands production capacity, cooperative industry choice