An Empirical Study on the International Competitiveness of China's Manufacturing Industry
DOI: 10.23977/ferm.2023.060212 | Downloads: 60 | Views: 723
Author(s)
Liu Lu 1
Affiliation(s)
1 School of Economics, Harbin University of Commerce, Harbin, China
Corresponding Author
Liu LuABSTRACT
The manufacturing industry is the stabilizer of a country's national economy. The level of international competitiveness of the manufacturing industry determines the strength of a country's international competitiveness to a certain extent. Based on the relevant data from 30 China's provinces and cities from 2013-2021, this paper measures the international competitiveness of China's manufacturing industry by using factor analysis to form a comprehensive index of four single indexes measuring international competitiveness. The results show that the international competitiveness of China's manufacturing industry shows a geographical distribution pattern of "strong in the east and weak in the west." Based on the empirical findings, policy recommendations are proposed to improve the international competitiveness of China's manufacturing industry.
KEYWORDS
Manufacturing Industry; International competitivenessCITE THIS PAPER
Liu Lu, An Empirical Study on the International Competitiveness of China's Manufacturing Industry. Financial Engineering and Risk Management (2023) Vol. 6: 99-103. DOI: http://dx.doi.org/10.23977/ferm.2023.060212.
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