The Path Choice of Transformation and Upgrading of Manufacturing Industry in China Based on Supply-side Structural Reform

摘要

Manufacturing is not only the main body of the real economy but also the backbone of the economy to maintain high growth and industry towards to the medium-high-level. At present, China has become the world's manufacturing large country, and the status of international trade has been rising. However, there are still many problems in China's manufacturing industry, especially the structural problems. China is far from being the world's manufacturing power. The strategy of supply-side structural reform provides new opportunities for the transformation and upgrading of manufacturing industry.