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Economic Development Capacity of Heilongjiang Province

Guanlin Guo

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Abstract

As a province with the largest area in Northeast China, Heilongjiang possesses rich tourism and natural resources and is strong in agriculture, incomparable by other provinces. However, Heilongjiang fails to exert the role of the market economy and sees industrial transformation troubles and a slow-down in economic growth, which reveals its poor development capacity in the economy. Heilongjiang shall learn from other provinces, take the comparative advantage to develop a green economy. It shall improve production technology for optimizing the secondary industry. The foreign trade and the tertiary industry shall be strengthened. In this way, the economic development capacity of the province could be improved in all respects.

About this research paper

What this paper is about

As a province with the largest area in Northeast China, Heilongjiang possesses rich tourism and natural resources and is strong in agriculture, incomparable by other provinces. However, Heilongjiang fails to exert the role of the market economy and sees industrial transformation troubles and a slow-down in economic growth, which reveals its poor development capacity in the economy. Heilongjiang shall learn from other provinces, take the comparative advantage to develop a green economy. It shall improve production technology for optimizing the secondary industry. The foreign trade and the tertiary industry shall be strengthened. In this way, the economic development capacity of the province could be improved in all respects.

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Available abstract

As a province with the largest area in Northeast China, Heilongjiang possesses rich tourism and natural resources and is strong in agriculture, incomparable by other provinces. However, Heilongjiang fails to exert the role of the market economy and sees industrial transformation troubles and a slow-down in economic growth, which reveals its poor development capacity in the economy. Heilongjiang shall learn from other provinces, take the comparative advantage to develop a green economy. It shall improve production technology for optimizing the secondary industry. The foreign trade and the tertiary industry shall be strengthened. In this way, the economic development capacity of the province could be improved in all respects.

Key concepts: China, Tourism, Business, Agriculture, Production (economics), Natural resource, Economic transformation, Comparative advantage

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