What are the two basic paths of industrialization? What are the characteristics of each?

The two basic ways of industrialization traditional industrialization and new industrialization, the advantages are as follows: the improvement of economic efficiency is the core connotation of the new industrialization, and the integration of the industrial chain is the key to improve industrial economic efficiency. From the perspective of the industrial chain, China's traditional manufacturing industry and high-tech industry and the manufacturing industry formed by the introduction of foreign capital is characterized by: low industrial level, lack of core technology, low value-added, forming the phenomenon of high output and low efficiency. In the process of taking the road of new industrialization, in order to improve the industrial economic efficiency, it is necessary to carry out industrial chain integration, to lay the industrial chain foundation for the improvement of economic efficiency, to make the industrial structure of the manufacturing industry to the upstream of the industrial profit, to speed up the process of new industrialization, and to promote the heightening of the industrial structure and the improvement of economic efficiency. Accelerating the fast and good development of China's industrialization determines, to a certain extent, the form and speed of China's development. At the present stage, it has become an inevitable choice to drive the development of China's industrialization with informatization, and this paper aims to discuss the main ways and main initiatives of industrialization driven by informatization. Source: Journal of Northwestern University (Philosophy and Social Science Edition)