An Analysis of Development Trend of Food Industry in Three Northeastern Provinces of China

Abstract

The food industry has developed into a leading industry in Northeast China. However, various economic indicators have shown a significant downward trend in recent years. Through the systematic analysis of the development trend of food industry in Northeast China in the past ten years, especially in 2014, it is found that in the context of stable and smooth operation of the food industry in China, the efficiency of the main processing industries declines in the three northeastern provinces of China, there is a simultaneous decline in the share of output value of the leading industries in the output value of manufacturing sector in three provinces, the collective and individual capital withdrawal is obvious in the paid-up capital, and there is a simultaneous decline in the industrial production and sales rate and the export delivery value. The food industry in Northeast China has plunged into the dilemma of development. Finally, this article puts forward some targeted recommendations from aspects of policy making, industrial agglomeration and enterprise cultivation.