Research on auto parts industry upgrading based on internet of things

Abstract

Based on the importance of development and upgrading of auto parts industry, the article analyzes the location of auto parts industry. In order to achieve further development and upgrade, five factors influencing China auto parts industry upgrading are put forward afterwards in this paper. They are market demands, resource supply, technology level, system and policy and international trade. An empirical analysis is made by multivariate statistical regression methods and testifies the result of qualitative analysis above and then gets the quantitative conclusion.