Author(s)

Liu Yang

Corresponding Author

Liu Yang

ABSTRACT

In the new world economic pattern, China's traditional manufacturing industry is facing the challenge of financial transformation, especially steel, textile and other manufacturing enterprises. However, the major transformation and adjustment of China's economic development mode and the transformation and upgrading of the manufacturing industry have new requirements on the business ability of financial personnel in the traditional manufacturing industry, namely "integration of industry and finance". This paper expounds the limitations of the development of China's traditional manufacturing industry under the change of economic development environment, focuses on the specific performance of financial transformation based on the concept of industry and finance integration in China's traditional manufacturing industry and the problems encountered, and then puts forward solutions.

KEYWORDS

Industry and finance convergence, manufacturing industry, financial transformation