Abstract
The rapid development and cross-border integration of information communication technology is the key to the transformation of Chinese manufacturing industry from traditional factor-driven to innovation-driven. This paper explores the interactive relationship between information communication technology and Chinese manufacturing industry by constructing the simultaneous equations. The empirical results show that (1) the pulling effect of manufacturing industry on ICT as a whole is relatively weak at the present stage, and the interaction between ICT and manufacturing industry is mainly reflected in the infiltration effect of ICT on manufacturing industry; (2) the strong infiltration effect and the pulling effect between the modular products and the ICT industry show that the technological level of the Chinese manufacturing industry and the ICT industry is matched with each other at this stage, which is found in the analysis of the manufacturing sector; (3) the weak infiltration effect of ICT industry on equipment manufacturing industry indicates that the technical level of the ICT product is difficult to enhance the competitiveness of high-end manufacturing industry.
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