Research on High Quality Development Level of Regional Manufacturing Industry Based on Factor Analysis

Abstract

Manufacturing industry is the foundation of "enriching the people and strengthening the province". The highquality development of manufacturing industry is one of the key factors to determine the regional economic growth. This paper reviews the research results at home and abroad in recent years, constructs the evaluation index system of high-quality development of regional manufacturing industry, uses factor analysis method to study the highquality development level of regional manufacturing industry, obtains the ranking of high-quality development of regional manufacturing industry, and obtains the relevant factors affecting the high-quality development of regional manufacturing industry. Finally, it puts forward relevant policy suggestions for the high-quality development of regional manufacturing industry.