Study on the Impact of Digital Transformation on the High-Quality Development of Manufacturing Indus-try in the Context of"Belt and Road"Initiative--Based on the Perspective of Industrial Structure Upgra-ding and Digital Trade
Manufacturing industry is an important pillar of the national economy and an impor-tant cooperation area of the"Belt and Road"initiative.With the development of globalization,infor-matization and digitization,the manufacturing industry is facing new opportunities and challenges,and needs to undergo digital transformation to adapt to the new market demand and competitive en-vironment.The article selects Shanghai and Shenzhen A-share listed companies in the manufacturing industry with direct investment in countries along the"Belt and Road"as the research object,and empirically examines the impact of digital transformation on the high-quality development of the manufacturing industry based on the panel data from 2010 to 2022,using the dynamic panel model and the instrumental variables method,as well as the mechanism and effect of digital trade,and the influence of digital transformation on the high-quality development of the manufacturing industry.Mechanism and effect,and the moderating role of digital trade.The results of the study show that digital transformation has a significant positive effect on the high-quality development of the manu-facturing industry and plays a mediating role through industrial structure upgrading;digital trade has a significant enhancement effect on the positive effects of digital transformation and industrial structure upgrading,and a significant enhancement effect on the positive effects of the high-quality development of the manufacturing industry.The conclusions of the study provide policy insights for the high-quality development of manufacturing industry in countries along the Belt and Road,that is,we should accelerate the pace of digital transformation,promote the optimization and upgrading of industrial structure,and at the same time,actively participate in the formulation of the rules and cooperation of digital trade,so as to improve the quality and efficiency of digital trade.
Digital TransformationHigh-Quality Development of Manufacturing IndustryIn-dustrial Structure UpgradingDigital Trade