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Research on Economic Development Difference in Central China Economic Zone

Yuan Chang-zheng

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Abstract

Regional economic development difference is one of the central issues in regional economic research.Taking Core Region of Central China Economic Zone as sample,through investigating GDP,industrial structure,urbanization level,foreign ability and economic social development index,comprehensive comparison analysis shows that the regional economic disparity was narrowing after 2005,but motivation of economic growth is based on the physical capital and infrastructures investment,the gap between ability of sustainable development and the residents′ income is widening.Therefore,Core Region of Central China should implement coordinated development to enhance the siphon radiation ability;cultivating and developing the strategic emerging industries to speed up the integration and upgrade of regional industry;accelerating new-type urbanization,expanding level of foreign trade,and building a common market.

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What this paper is about

Regional economic development difference is one of the central issues in regional economic research.Taking Core Region of Central China Economic Zone as sample,through investigating GDP,industrial structure,urbanization level,foreign ability and economic social development index,comprehensive comparison analysis shows that the regional economic disparity was narrowing after 2005,but motivation of economic growth is based on the physical capital and infrastructures investment,the gap between ability of sustainable development and the residents′ income is widening.Therefore,Core Region of Central China should implement coordinated development to enhance the siphon radiation ability;cultivating and developing the strategic emerging industries to speed up the integration and upgrade of regional industry;accelerating new-type urbanization,expanding level of foreign trade,and building a common market.

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Available abstract

Regional economic development difference is one of the central issues in regional economic research.Taking Core Region of Central China Economic Zone as sample,through investigating GDP,industrial structure,urbanization level,foreign ability and economic social development index,comprehensive comparison analysis shows that the regional economic disparity was narrowing after 2005,but motivation of economic growth is based on the physical capital and infrastructures investment,the gap between ability of sustainable development and the residents′ income is widening.Therefore,Core Region of Central China should implement coordinated development to enhance the siphon radiation ability;cultivating and developing the strategic emerging industries to speed up the integration and upgrade of regional industry;accelerating new-type urbanization,expanding level of foreign trade,and building a common market.

Key concepts: Urbanization, China, Foreign direct investment, Exclusive economic zone, Special economic zone, Economic geography, Business, Economic integration

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