Development Status of High-End Equipment Manufacturing Industry Based on Neural Network and Tobit Panel Regression Model

Abstract

AbstractEquipment manufacturing industry is the cornerstone of a country’s industrial development. As its core component, High-end Equipment Manufacturing industry is of great significance to enhance industrial value chain, promote industrial structure optimization and enhance industrial market competitiveness. This paper introduces the Neural Network model and tobit panel regression model, summarizes the HEM industry, the rapid development of China’s HEM industry, overseas M & A has become the norm, explores the problems existing in the HEM industry, and studies the innovation and transformation factors of the development level of HEM industry in Heilongjiang Province. The results show that, The TI and transformation of HEM industry in Heilongjiang Province has developed well and is the pillar industry of economic development in Heilongjiang Province.KeywordsNeural networkTobit panel regression modelHigh-end equipment manufacturing industryDevelopment status