STUDIES OF INDUSTRIAL STRUCTURE EVOLUTION AND POLICY ORIENTATION OF THE YANGTZE RIVER ECONOMIC ZONE

This paper deploys SSM model to research industrial structure evolution of the Yangtze River economic zone from 2003 to 2012,and analyzes its mechanism of industrial structure evolution.The results show as follows.First,output value and share of the Yangtze River economic zone industry have been steadily improved,while the second and third industry played a leading role alternately in the industrial structure evolution.Second,there is rational industrial structure in the Yangtze River economic zone and tertiary industry with stronger competitiveness has become a leading industry of regional economy.Third,there is faster economic growth in the middle and lower reaches of the Yangtze River,with stronger competitiveness of the first and second industry,forming the second industry leading system.Fourth,policy-oriented influence,changes in factor prices,regional division of labor and the objective law of industrial development are the mechanism of the industrial structure evolution of the Yangtze River economic zone.This paper proposes reasonable industrial policy suggestions in order to promote sustainable development of the Yangtze River economic zone.