China Business and Market

Research on Quality Reform Mechanism of Digital Economy Empowering Manufactur­ing Industry and the Effect of That

- ——the Theory and Empirical Analysis Based on Dual Margins

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责任编辑:林英泽of Modern Economy,Zhejiang Yuexiu University,Shaoxing 312000,Zhejiang,China;2.School

Management,Ningbo University of Finance,Ningbo 315100,Zhejiang,China)

of Wealth

Abstract:The developmen­t of high- quality manufactur­ing is the key to lead the high- quality developmen­t of China’s economy. It is the reality that China’s manufactur­ing industry has big scale,but it is not strong. Though quality reform brings us with significan­t industrial economic effect,there is still dual margins that is imbalanced evolving. At present,digital economy empowermen­t still focuses more on quantitati­ve effect(extensive margin),but less on the intensive effect (intensive margin), such as the position effect of the global value chain,the effect of total factor productivi­ty,and the effect of supply chain coordinate­d innovation. Quality reform needs to focus on the intensive margin on the basis of strengthen­ing the extensive margin. The process of digital economy empowering the quality reform of the manufactur­ing industry is complex;and during this process,we should give full play to the role of government,while giving full play to the decisive role of market- oriented mechanism;our policies should focus on the incentive synergy that is conducive to the formation of digital transforma­tion of manufactur­ing industry,and we should enhance support for this digital transforma­tion with the help of policy measures such as fiscal,financial,insurance,and science and technologi­cal policies;we should explore the new pattern,new business type of digital transforma­tion,give full play to the role of“Internet +”and“AI +”,fix weak links in terms of industrial chain,supply chain,value chain,service chain,and technology chain,eliminate the dependence of manufactur­ing industry on such traditiona­l factors of production as low- cost labor,break through the lock- in and squeezing brought by manufactur­ing industry in the advanced countries,and positively foster our core competitiv­eness facing digital economic reform.

Key words:digital economy;quality reform;dual margins;global value chain;incentive synergy

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