Analysis on the core competitiveness of Shenyang equipment manufacturing industry

This paper extracts six factors which affect the equipment manufacturing in Shenyang according to the data of local 54 equipment manufacturers with the grounded theory coding method, then measures out the importance of various factors through the multiple linear regression analysis, and analyses the reasons by using statistical analysis software (SPSS). The results reveal the moderate growth in the output from Shenyang equipment manufacturing industry, whose core competitiveness is boosted by the market demand, innovation capability, foreign investment and international markets and inhibited by the company size and personnel management. Based on the conclusions, many methods are proposed to enhance the core competitiveness of the equipment manufacturing industry in Shenyang. Copyright © 2019 Inderscience Enterprises Ltd.