Evaluation and Influence Factor Analysis on Industrial Competitiveness of Manufacturing Industry of Pearl River Delta

Abstract This paper divides the manufacturing industry into four types, analyzes the development of four types of manufacturing industry in the Pearl River Delta(PRD), uses labor productivity as the evaluation index of industrial competitiveness, establishes panel data model to analyze the influencing factors of manufacturing industry competitiveness in the Pearl River Delta, draws research conclusions and puts forward suggestions. The results show that the capital intensive and technology intensive industries in the manufacturing industry of the Pearl River Delta have strong competitiveness, the competitive disadvantage of labor-intensive industries is gradually revealed, and the competitiveness of high-tech industries is gradually enhanced; the per capita equipment rate, average industrial scale, turnover rate of current assets and industrial added value rate all have a positive impact on the competitiveness of the manufacturing industry of the Pearl River Delta.