Abstract

China has a sizable manufacturing industry, but it is "big but not strong" and occupies the middle and lower levels of the global value chain, it is imperative to explore new models of manufacturing development and to cultivate new energies for development. In order to accomplish the high-quality development of China's manufacturing industry (Hereinafter abbreviated as HQD-MI), it requires efforts to promote the integration of the industrial chain and innovation chain(IOTC), and activation of the supporting financial chain, service chain, and talent chain. By scouring the pertinent domestic and foreign literature, the article thoroughly examines the workings of the IOTC as well as the driving forces behind the HQD-MI with the aim of establishing a connection between the two as well as providing a fresh line of inquiry for future researchers.

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