Author(s)

Deng Yuanyuan, Wang Hongtao

Corresponding Author

Wang Hongtao

Abstract

In the new era, Chinese economy has changed from high-speed growth stage to high-quality development stage.The private manufacturing industry has become the important driving force of Chinese economic transformation and upgrading. How to optimize the industrial structure and upgrade the industry is of great significance for realizing the transformation from Chinese manufacturing to Chinese creation, from Chinese speed to Chinese quality, and from a big manufacturing country to a powerful manufacturing country. Based on the data of Chinese top 500 private manufacturing enterprises from 2011 to 2018, this paper studies the two indicators of the number of listed enterprises and the total business income. The development status and characteristics of private manufacturing enterprises in Western China are discussed firstly in this paper. Then, according to the regional characteristics, the development gap and existing problems of private manufacturing enterprises in eastern and western regions are analyzed through empirical research. The results show that from the overall level, the overall scale of private manufacturing enterprises in the western region is growing steadily, the profit level is also growing steadily, and the social contribution continues to increase. However, due to some problems of employment, such as scarce human resources, lack of technological innovation ability, difficult financing, and widening gap with eastern enterprises, the healthy development of enterprises is still significantly affected. Therefore, the difficulties faced by the western private manufacturing enterprises in the process of transformation and upgrading have been studied. The government level and the enterprise level are put forward relevant countermeasures and suggestions by combining the factors affecting the transformation and upgrading of enterprises. To ensure the completeness of Chinese manufacturing system and achieve balanced and coordinated development of the region, we can promote the transformation and upgrading of manufacturing industry in the western region and achieve high-quality regional economic growth.

Keywords

West; private enterprises; manufacturing industry; transformation and upgrading