Basic Principles of Technology Transformation in Long Value Chain in the Manufacturing Industry and Key Technology Innovation Issues in China-A Case Study of the Automotive Industry

Recently, research has increased significantly in China, with continuous scientific outcomes by colleges and universities as well as by research institutions. However, from the perspective of effective and rapid transformation of basic research into engineering applications to eventually achieve industrial popularization, there is still a large gap between China and the world's leading stronger manufacturing countries. The manufacturing industry is large in scale, is highly correlated, has a broad coverage, and has special requirements for completing the value chain through technology transformation. Mastering the application of these core technologies improves the competitiveness of the industry. Breaks in the industrial chain are one of the internal reasons that weaken the competitiveness of China's manufacturing industry. Therefore, this paper begins with the value chain theory based on vertical value chain analysis, analyzes the key factors affecting the value chain in terms of technology transformation of manufacturing industry, and explains the basic principles for technology transformation. Meanwhile, this paper also summarizes the generic methodology and presents detailed suggestions for technology innovation and cooperation in terms of production, study and research oriented toward the setup and improvement of the value chain through technology transformation of the manufacturing industry. This paper starts from the technology demands of automotive enterprises and discusses coping measures and the development strategy of auto parts suppliers required by automotive enterprises through an automotive industry case.