Navigating technological innovation and rising costs: Assessing economic performance in Chinese manufacturing.

ABSTRACT: Economic performance is an important indicator of the efficiency and quality of a company's production, which is closely related to the profitability of the company and is crucial for the development of the manufacturing industry.This paper aims to develop a theoretical framework for assessing economic performance within the Chinese manufacturing industry. It achieves this by incorporating inputs, outputs, and energy consumption costs into the production function. By analyzing manufacturing data from 2000 to 2021, it quantifies the impact of various factors, including labor costs and technological advancements, on economic performance. The findings highlight technological progress as the primary driver of economic growth within the Chinese manufacturing sector. Notably, there exists a U-sh

SUBMITTER: Wu S 

PROVIDER: S-EPMC11698398 | biostudies-literature | 2025

REPOSITORIES: biostudies-literature