Factors and Paths of Transformation and Upgradation of Chemical Industry in Shandong, China

• Published in: Sustainability Vol. 12; no. 8; p. 3443
• Main Authors: Han, Huijian, Yang, Ye, Zhang, Rui, Brekhna, Brekhna
• Format: Journal Article
• Language: English
• Published: Basel MDPI AG 01.04.2020
• Subjects: Chemical industry; Cognition & reasoning; Cognitive maps; Cognitive models; Economic development; Energy consumption; Enterprise resource planning; Green development; Human capital; Indicators; Influence coefficient; Innovations; Manufacturing; Production capacity; Productivity; R&D; Regression analysis; Research & development; Return on investment; Sustainability; Sustainable development; Technological change; Transformations; China
• ISSN: 2071-1050; 2071-1050
• DOI: 10.3390/su12083443

In the context of the Internet, there is a historical fusion between the new round of scientific and technological revolution and industrial transformation and the accelerated transformation of economic development methods. The task of the Shandong chemical industry’s transformation and upgradation is arduous and urgent. In this context, this article studies the influencing factors and development paths of the transformation and upgradation of the Shandong chemical industry. It provides theoretical guidance for high-quality and sustainable development of the Shandong chemical industry. First, this paper uses the fuzzy cognitive map tool to learn the historical laws of the transformation and upgradation of the Shandong chemical industry. It then determines the path of chemical industry transformation and upgradation, according to the interactions and weights between the learned indicators. By adjusting the influence coefficient between the indicators on each path, the degree of change in the influence of the indicator on the target value is analyzed. The critical path and the key indicators on the path according to the degree of impact are determined. Finally, the key path selected in this article is: return on investment (C8) → unit production value environmental consumption (C9) → number of R&D personnel (C4) → R&D expenditure internal expenditure (C6) → industrial output (C1) → energy consumption coefficient (C3). The key indicator on this path is R&D expenditure internal expenditure. According to the results, the development suggestion for the transformation and upgradation of the chemical industry in Shandong is to take the path of green development through technological innovation.