Author(s)

Gang Wang, Haiyan Tu, Yushu Gao

Corresponding Author

Haiyan Tu

ABSTRACT

Advanced manufacturing industry is an important pillar of building a modern socialist country. Increasing financial support for the development of advanced manufacturing industries will give full play to the role of financial resource allocation and serving the real economy, and inject new kinetic energy into China's transformation from a big manufacturing country to a powerful manufacturing country. This paper analyzes the main contradiction of financial support for the development of advanced manufacturing industry in China, and puts forward countermeasures of financial support for the development of advanced manufacturing industry in China.

KEYWORDS

Advanced Manufacturing, Financial Support, Industrial Development, Resource Allocation, Financing