The coupling and coordination of digital economy and manufacturing transformation and upgrading for industry 5.0 in Hebei Province

Field: Business, Management and Accounting (Social Sciences)

In the context of the widespread application of digital technologies such as the Internet, big data, artificial intelligence, and cloud computing, digital transformation in the manufacturing sector has become an important engine to promote high-quality economic development in Hebei Province. This paper aims to objectively analyze the current situation of industrial integration between the Beijing-Tianjin-Hebei digital economy and the manufacturing industry and conduct level measurement so as to promote the in-depth integration and development of the digital economy and manufacturing industry in Hebei Province, so that the manufacturing enterprises in Hebei Province can rebuild their competitive advantages in future development, finally realize digital transformation, and promote the high-quality development of the manufacturing industry in Hebei Province. Therefore, it is very important to carry out empirical research on the integrated development of the digital economy and manufacturing industry in Hebei Province. First of all, this paper constructs the index evaluation system of the digital economy and manufacturing industry, respectively, takes the relevant data of the Beijing-Tianjin-Hebei region in the past five years as data samples, uses the entropy weight-TOPSIS method to measure the level of digital economy development and manufacturing industry transformation, and uses the coupling coordination degree model to measure the level of industrial integration of the two. The final results show that: (1) The development level of the digital economy in Hebei Province fluctuates greatly, and there is still a certain gap with Beijing and Tianjin, but the future development potential of the digital economy is huge. (2) The transformation level of manufacturing industry in Hebei Province shows a trend of fluctuation and rise on the whole, and the development trend is good, and the gap between Hebei Province and developed regions is gradually narrowing. (3) The integration of the digital economy and manufacturing industry in Hebei Province has a good development trend, but there is still a certain gap with Beijing and Tianjin, and there are problems of inadequate, unstable, and unbalanced industrial integration. Finally, based on the research conclusions, suggestions are put forward to promote the coordinated development of the Beijing-Tianjin-Hebei region, improve the level of digital economy and manufacturing integration of industrial convergence development, raise the level of digital infrastructure construction, and raise the level of science and technology innovation. This paper reveals the mechanism of the digital economy affecting the high-quality development of the manufacturing industry, studies the whole process of digitalization, information technology, and intelligence integration into the development of the manufacturing industry, and fully releases the positive effect of the digital economy driving the high-quality development of the manufacturing industry, which has important theoretical and practical significance for promoting the high-quality development of the manufacturing industry and formulating relevant industrial policies.