Research on the Relevance of Chinese Industry Based on IO Model

Abstract

Based on the latest input-output (IO) model data of China’s 42 industries in 2018, this paper conducts industrial correlation research on 42 sectors of China’s current national economy from the perspective of three quantitative indicators of industrial correlation, namely direct consumption coefficient, complete consumption coefficient and influence coefficient. Based on the data analysis results over the years, the paper explores the development and change rules of China’s industrial association in 2017 and 2018, summarizes the experience of industrial development in combination with the current situation of China’s economic and social governance, and analyzes the industrial association from the essential level, so as to provide policy reference for China’s future industrial construction.