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The Influence of Technological Innovation on High-Quality Development of China's Manufacturing Industry and Its Influence Mechanism

In: Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)

Author

Listed:
  • Yuke Wu

    (Beijing University of Technology)

  • Xinting Chang

    (Beijing University of Technology)

  • Jintong Li

    (Beijing University of Technology)

  • Wan Wei

    (Beijing University of Technology)

  • Yusen Shang

    (Beijing University of Technology)

Abstract

In 2015, the United Nations released its Sustainable Development Agenda, making sustainable development a global trend and the main theme of development among countries. Against this backdrop, the vital role that technological innovation plays in industry upgrading and economic development has been well-recognized. However, how technological innovation influences the manufacturing industry’s long-term development remains to be identified, and the specific paths of the influence has not been explored. Therefore, in the present work, an index system to assess the performance of the manufacturing sector in relation to sustainability is put forth. Besides, Furthermore, with panel data of 30 provinces across China over the seven years from 2008 to 2015, the entropy weight method is utilized to determine the level of sustainable development of the manufacturing industry in these provinces. Finally, the impact of technological innovation on the high-quality development of the manufacturing industry is examined. The results revealed that the manufacturing industry in China has substantial regional differences, with Eastern China showing more manufacturing strength than the western provinces; Policy recommendations are proposed for policy-makers to achieve sustainable development of the manufacturing sector, the government can raise investments in technological innovation or advancing the course of urbanization.

Suggested Citation

  • Yuke Wu & Xinting Chang & Jintong Li & Wan Wei & Yusen Shang, 2024. "The Influence of Technological Innovation on High-Quality Development of China's Manufacturing Industry and Its Influence Mechanism," Advances in Economics, Business and Management Research, in: Radulescu Magdalena & Bootheina Majoul & Satya Narayan Singh & Abdul Rauf (ed.), Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024), pages 756-770, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-459-4_86
    DOI: 10.2991/978-94-6463-459-4_86
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