Research on the Impact of Technological Progress Bias on Industrial Structure Optimization
Technological progress bias can change the technological efficiency, marginal output, input ra-tio, and output level of capital and labor, which directly or indirectly affect the optimization of industrial structure.The government, enterprises, and financial institutions need to actively cooperate and take policy measures to guide capital flow towards innovation and high value-added areas, in order to promote the de-velopment of industrial structure towards greater efficiency, innovation, and diversification.This requires a comprehensive consideration of the market demand, technology trends, and the global competitive environ-ment, to ensure the effective allocation of capital and to maximize the optimization of the industrial structure. By improving production efficiency, optimizing the industrial chain, promoting the rise of innovation and new markets, improving the skill level of labor force and policy support, China can better realize the upgrad-ing and optimization of industrial structure and improve the economic competitiveness of the country.
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