Suchergebnisse

Purpose
The construction of a modern economic system is a symbolic and strategic choice for large developing economies on the path toward high-quality economic development. The paper aims to discuss this issue.


Design/methodology/approach
The overall framework aims to adhere to "One Policy and One Mainline" to build an innovation-driven, synergistic industrial system and a "with three-qualities" economic system (with efficient market mechanisms, energetic micro-agents and appropriate macroeconomic regulation).


Findings
The strengthening of the real economy and construction of a modern industrial system constitute the material basis for supporting this system and framework. As major decision making and theoretical innovation in empirical practice, building a modern economic system can also contribute substantially toward developing the applied economic theory of socialism with Chinese characteristics.


Originality/value
Building a modern economic system in China necessitates, without exception, the construction of various subsystems encompassing industrial, market, distribution, regional development, green development, open and economic institutional aspects.

The shift in economic development to the fast-rising industrial value chain is regarded as the key to the future of the Yangtze River Delta (YRD). This book provides a long-term study of the economic growth of the YRD. It compares the region's previous importance with its present economic growth, structural change and institutional reform. The book also provides detailed institutional and empirical studies on the fast rising value chain, the mode of development, mechanisms, behavior and performance of the modern service sector in the YRD.

This is the first English book that presents a professional analysis of the recent dynamic movement of the Chinese economy by focusing on the Yangtze River Delta region, which is the main engine of the Chinese economy. The impact of the international financial crisis on China's economic development requires a change from the first wave of economic globalization oriented toward exports to the second wave of economic globalization characterized by expanding domestic demand. Taking this economic aspect into consideration, the following are proposed in this book: 1) expansion of the level of openness in the process of increasing domestic demand means shifting the industrial focus from manufacturing to the service industry; 2) promotion of the globalization of local services should be based on the globalization of local manufacturing; 3) the Yangtze River Delta region should aim at its own strategic positioning under new, changed circumstances and should achieve modernization in advance with the concept of integrative development; 4) Establishment of a support system is essential meanwhile for this area to develop an innovative economy and to promote the transition from manufacturing to promoting emerging industries, including a modern service industry. The book has an underlying concept, namely, that the key to economic transformation is to start the development of modern services and that only by transforming the development pattern of the service industry can the transition and upgrade of the economy be effectively achieved. For this purpose further urbanization and advancing the transformation from low-tech to high-tech industries by the effective development of industrial clusters is advocated. To ensure that these conclusions are based on a solid analysis, the authors draw heavily upon empirical analyses employing modern econometric methods and

This is the first English book that presents a professional analysis of the recent dynamic movement of the Chinese economy by focusing on the Yangtze River Delta region, which is the main engine of the Chinese economy. The impact of the international financial crisis on China's economic development requires a change from the first wave of economic globalization oriented toward exports to the second wave of economic globalization characterized by expanding domestic demand. Taking this economic aspect into consideration, the following are proposed in this book: 1) expansion of the level of openness in the process of increasing domestic demand means shifting the industrial focus from manufacturing to the service industry; 2) promotion of the globalization of local services should be based on the globalization of local manufacturing; 3) the Yangtze River Delta region should aim at its own strategic positioning under new, changed circumstances and should achieve modernization in advance with the concept of integrative development; 4) Establishment of a support system is essential meanwhile for this area to develop an innovative economy and to promote the transition from manufacturing to promoting emerging industries, including a modern service industry. The book has an underlying concept, namely, that the key to economic transformation is to start the development of modern services and that only by transforming the development pattern of the service industry can the transition and upgrade of the economy be effectively achieved. For this purpose further urbanization and advancing the transformation from low-tech to high-tech industries by the effective development of industrial clusters is advocated. To ensure that these conclusions are based on a solid analysis, the authors draw heavily upon empirical analyses employing modern econometric methods and make use of economic theories such as endogenous growth theory and spatial economic theory.

The industrial upgrading of the Yangtze River Delta region is the key to the growth of this most critical area of China. Conflict and Harmony: Development of the Yangtze River Delta looks at the evolution of the relationships between local government and enterprises during this time of economic transition in the region. The book also considers issues of labor transfer, foreign direct investment-led growth, and the spillover effects of indigenous technology innovations in the Delta.

China's Economic Issues is a series of in-depth studies of nine current macroeonomic issues in contemporary China. Featuring the work of leading Chinese economists, each of these nine volumes focuses on a specific topic or sector of vital importance to the pace of China's economic reform. Referencing the latest data, each volume provides a thorough overview of its respective topic. China's Economic Issues outlines China's policies in rich detail and provides an insight into China's rise as an economic superpower. Authoritative research on the development of the Yangtze River Delta, China's largest economic development zone. First comprehensive look at the Western Economic Triangular Zone (WTEZ). Overview of the transformation of China's service industries, and the economic effects of China's foreign trade sector. Most up-to-date forecast of China's rural-urban development strategies up to 2020. 3,000+ pages of analysis on China's regional economic development.