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At present, transformation and upgrading traditional industries are key to our country’s economic development. Discussion on how to transform traditional industries utilizing the information technology is hot in academic world. Transformation of traditional industries using information technology can fall into three categories: total Integration, embedded Integration, and general Integration. The result is to form a new industry, transform traditional industries, or increase the original industry productivity respectively. German industry version 4.0 is a case in point of industry Integration through intelligent factories, smart production, intelligent network, intelligent service etc. to build a smart manufacturing industry. China should vigorously utilize “Internet +” to upgrade China’s manufacturing industry, through which intelligent factories improve enterprise’s productivity, intelligent production increases the productivity of the industry, intelligent network improves the productivity of the whole society, intelligent service improves the economic vitality of the whole society, hence build the Chinese industry version 4.0.

international journal of economics and finance

Technological Embedding, Industrial Integration, Industrial Upgrading----Discuss about the Role of Information Technology in Industrial Upgrading and Transformation