Influence of Integration of Advanced Manufacturing and Modern Service on Regional Economic Development

Influence of Integration of Advanced Manufacturing and Modern Service on Regional Economic Development

Purpose - Manufacturing is closely linked to productive services, with cross-infiltration between the two industries, blurring industry boundaries, emerging new industries and models, and a clear trend of deep integration. The integrated development of manufacturing and productive service industry not only helps to solve the difficulties faced by the manufacturing industry but also promotes the transformation and upgrading of the service industry. Design/Methodology/Approach - The historical origin of manufacturing and the productive service industry is revealed by summarizing and commenting on relevant literature at home and abroad. Findings - This paper analyzes the regional differences in China’s industrial integration development and reveals the composition and origin of the differences. The research on the spatial spillover effect of manufacturing and productive services integration is still limited to the spatial correlation model of the first-order adjacency matrix. Based on the adjacent space weight matrix, geographical distance space weight matrix, and economic distance space weight matrix, this paper constructs the spatial Durbin model. Research Implications - The theoretical research and measurement of the convergence degree between manufacturing and productive service industries and the related problems of the factors of the convergence development are summarized. Secondly, the development level of the two industries in China is measured by constructing the evaluation index system based on the coupling coordination model.