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In the construction plan of China (Hubei) pilot free trade zone issued by China (Hubei) pilot free trade zone in 2018, it is pointed out that industrial transfer should be orderly undertaken, which undoubtedly provides a strong institutional guarantee for Hubei to undertake industrial transfer. This paper analyzes the mechanism of industrial transfer on industrial structure upgrading: capital accumulation mechanism, technology progress mechanism, industry aggregation mechanism. At the same time through empirical analysis it is concluded that: build the double logarithm model of Hubei province to undertake industry shift after the provincial labor resources, science and technology innovation ability, industrial concentration degree of ascension for the upgrading of industrial structure in Hubei province has a certain role in promoting, especially the size of the capital and the increase of the number of high-tech talent to upgrade the industrial structure to promote the most significant effect. Therefore, the government should intensify efforts to introduce domestic and foreign capital, cultivate and attract more high-tech talents, focus on improving the quality of workers, expand the scale of industrial agglomeration within the province, and enhance the ability of scientific and technological innovation.

The Impact of Industrial Transfer on Industrial Structure Upgrading in Central China Take Hubei Province as an example