Sustainable Development of the High-End Service Industry and Advanced Manufacturing: Evidence from the Chinese Economic Circle

The sustainable development of high-end service industry and advanced manufacturing industry has become a new driving force to achieve both financial and environmental benefits, but the mechanism of sustainable development of the high-end service industry and advanced manufacturing industry driven by industrial synergy is still unclear. Based on synergy theory and complex system theory, this paper analyses the evolution process of sustainable development of the two industries in the economic circle by using system dynamics model. The results show that under the state continuity scenario, the synergy model of the two industries is out of tune and the sustainable development trend is not optimistic. The mismatch between technological innovation output of high-end service industry and production technology application of advanced manufacturing industry is a key obstacle to the sustainable evolution of the system. In the comprehensive optimisation scheme, the resource utilisation orientation is the best choice for the sustainable development of the industry. This scheme can balance the relationship between the volume of economic development and industrial restructuring, improve the structural imbalance between supply and demand bridged by knowledge innovation, and improve the risk resistance of the industrial chain.