Research on Energy Development of Mid-West Region in China and Regional Economic Development
Song Mei, Bing Yan, Shu Xin Wang
Abstract
Song Mei, Bing Yan, Shu Xin Wang
Abstract
With further increasing demand for energy in China's economic development and the gradual depletion of resources in the eastern areas, the mid-west regions has become the key area of resource development for the future. How to implement the strategy of resource advantage transformation and avoid the risk of "resource curse" has become the focus of public concern. This article analyzes the relevance of the resource enrichment and regional economic development of six mid-west provinces of China. The results show that the "resource curse" phenomenon still exists in the mid-west parts of China, especially in Shanxi province. According to the analysis of the factors which result in these regions’ energy development problems and the important strategic position of energy development of Mid-west region, this article puts forward a series of policy proposals and measures to promote the development of mid-west region.
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With further increasing demand for energy in China's economic development and the gradual depletion of resources in the eastern areas, the mid-west regions has become the key area of resource development for the future. How to implement the strategy of resource advantage transformation and avoid the risk of "resource curse" has become the focus of public concern. This article analyzes the relevance of the resource enrichment and regional economic development of six mid-west provinces of China. The results show that the "resource curse" phenomenon still exists in the mid-west parts of China, especially in Shanxi province. According to the analysis of the factors which result in these regions’ energy development problems and the important strategic position of energy development of Mid-west region, this article puts forward a series of policy proposals and measures to promote the development of mid-west region.
Key concepts: China, Resource curse, Resource (disambiguation), Position (finance), New energy, Natural resource economics, Geography, Economic growth