Abstract:With the continuous progress of the new round of technological revolution, the function of information technology is further highlighted, and it is changing from information support business development to informatization leading innovation driven and transformation development. China"s equipment manufacturing industry is not only facing the impact of disruptive technology, but also facing the severe challenges of developed countries and other developing countries in the "two-way extrusion", which calls for industrial upgrading. By reviewing the research progress of technological progress to promote the upgrading of equipment manufacturing industry and industrial upgrading index, and after fully analyzing the upgrading of equipment manufacturing industry facing problems, this paper constructs the upgrading evaluation index system of China"s equipment manufacturing industry from six aspects including technology innovation, asset structure, talent structure, output structure, green development, integration of information technology and industrialization and 20 sub criteria layer index scheme. The index weight is obtained by means of AHP and expert scoring method. Finally, the paper puts forward countermeasures and suggestions for the upgrading of equipment manufacturing industry.