Based　on　manufacturing　industry　panel　data　from　1999　to　2013,　this　paper　studies　the　indirect　economic　effects　of　FDI　from　two　angles　of　the　upgrading　of　industrial　structure　and　the　structure　upgrading　of　industrial.　We　also　test　the　endogenous　problems　by　using　the　method　of　instrumental　variable.　The　results　show　that:　the　inflow　of　FDI　promotes　the　transfer　of　manufacturing　industry　from　the　labor–intensive　industries　to　the　resource–intensive　industries　and　improves　the　overall　level　of　manufacturing　industry　structure;　The　inflow　of　FDI　has　a　significant　role　in　promoting　the　structure　upgrading　of　industrial.　©　2018,　©　2018　Taru　Publications.