Research on the Impact of Development of Digital Economy on the Upgrading and Transformation of the Manufacturing Industry in China
Using the opportunities brought by the development of digital economy to promote the transformation and upgrading of the manufacturing industry in China and to motivate the industry move to the middle and high-end position in the global value chain is an effective way to achieve high-quality development of economy in China.This research analyzes the impact of development of digital economy on the transformation and upgrading of the manufac-turing industry with panel data of 31 provinces in China from 2013 to 2022.The results show that the development of digital economy can directly promote the transformation and upgrading of the manufacturing industry by improving the construction of digital infrastructure,which indicates the transfer of the value chain to both ends of R&D de-sign and sales service;the development of digital economy indirectly promotes the transformation and upgrading of the manufacturing industry through the accumulation of human capital,which indicates gathering more high-quality talents along the value chain to develop the manufacturing industry in China.
development of digital economytransformation and upgrading of the manufacturing industryCEG modelvalue chain analysis