中文摘要：

在制造业企业中间投入＂服务化＂的趋势下,文章聚焦于考察＂中国服务业（运输、电信、分销、金融）市场竞争＂与＂制造业企业全要素生产率＂之间的相关性。研究结果显示：（1）中国服务市场上竞争的引入和增强,会基于＂投入-产出＂关系对制造业企业全要素生产率产生显著的提升作用。（2）大型制造业企业＂服务内置化＂现象严重,中小企业因对外部服务投入依赖更深,更易于从运输、电信及分销服务业市场竞争中获益;但另一方面由于大企业多聚集于资金密集型行业,且受制于中国金融产权改革滞后,国有企业尤其是大型国企是目前中国金融业竞争导向市场化改革的主要受益者。（3）受中国制造业企业地理集聚特征影响,提高中国电信和分销服务市场竞争,将更有利于劳动及技术密集型制造业集聚的东部地区企业提升其全要素生产率;而运输和金融服务市场竞争增强会更有利于资源依赖型制造业企业集聚的中西部地区。（4）运输、电信和分销市场竞争加剧,更有利于制造业内生产效率领先企业提升其全要素生产率,由于中国金融业仍属于国有控股体制,金融改革的效率红利更易被位于生产效率低端的国有企业所获得。该现象虽在一定程度上能为中国制造业行业内企业全要素生产率走向收敛提供一个技术性解释,但其本身也彰显出中国金融资源配置的低效率和实施金融产权改革的迫切性。

英文摘要：

Based on the servitization tendency of intermediary input of manufacturing enterprises, this paper investigates the relationship between services market competition （transport, telecommunication, distribution and finance） and TFP of manufacturing enter- prises in China. It arrives at the empirical results as follows.firstly, the introduction and enhancement of competition in services market play a significant promotion role in TFP of manufacturing enterprises through the relationship between input and output; secondly, because the phenomenon of built-services is serious in large manufacturing enterprises, the SMEs can benefit more from the competition of outside services market （transport, tele- communication and distribution） due to deeper dependence on external services input; but on the other hand, because large enterprises are mostly in capital-intensive industries and are restricted by lagged financial property reform, state-owned enterprises, especially large state-owned enterprises, are the main beneficiaries of Chinese competition-oriented financial reform; thirdly, because of the influence of geographical agglomeration of manu- facturing industry, intensified competition in services market （telecommunication and dis- tribution） is more conducive to the improvement of TFP in Eastern China with labor-and- technology-intensive manufacturing agglomeration and competition enhancement in serv- ices market （transport and finance） is more beneficial to Central and Western China with resource-dependent manufacturing agglomeration; fourthly, intensified competition in services market （transport, telecommunication and distribution） is more conducive to TFP improvement of production efficiency leaders in manufacturing, but because financial sec- tor belongs to state-controlled system, it is more likely to obtain the efficiency dividends from the financial reform by manufacturing enterprises located in the low-end of productiv- ity. This phenomenon can provide a technology explanation of TFP conve