Research on the Modernization of the Equipment Manufacturing Industry

According to the current situation of the equipment manufacturing industry, the equipment manufacturing industry in China is the traditional one, the R & D and innovation capabilities of products is weak, lacking of new extension in the area. Factors affecting the development of equipment manufacturing industry can be analyzed from external environmental and internal factors, establishing evaluation index and using principal component analysis and SPSS software during the analysis, further extracting four main factors, technological innovation, financial support, personnel training and industrial system, are response to all components to the target information. The purpose is to work out the main factors and speed up the transforming process. of equipment manufacturing industry from the traditional area to the modern one.