ABSTRACT
S Province, located in the coastal region, has been experiencing unceasing improvement in productive force and moving toward a high grade level of industrial structure step by step, after more than two decades of reform, opening up and development. However, in the 21st century, with the formation of a new pattern of economic globalization and China’s entrance to the WTO, S Province is facing a very serious and urgent structure adjustment, and the contradictions of maladjustment in the market economy mechanism under the new situation of economic structure have become increasingly prominent. Especially, the optimization and upgrading of industrial structure is a very urgent strategic task. It is of particular significance for S Province to carry out the industrial structure adjustment to improve the overall quality of its economy, enhance its competitiveness in the international market, and maintain a healthy and rapid economic development. As a result, industrial structure adjustment, industrial structure upgrading, selection of leading industries, and exertion in regional comparative advantages in speeding up economic development have become a major task of S Province.
