Research on the Influencing Factors of China’s Industrial Sector Gross Product Based on Multiple Linear Regression

The development of industry is of vital importance to a country. The gross product of a country’s industrial sector can be used to measure the level of industrial development of the country. And the gross output value of a country's industrial sector is affected by many factors. This paper collects data on total industrial energy consumption, total industrial water consumption, fixed-asset investment in the manufacturing industry, and employment in the secondary industry from the National Bureau of Statistics of China. It uses method of econometrics to establish a multiple linear regression model, which has realistic meaning in economics and is statistically significant, and analyzes which factors have significance on industrial growth.