Fixed Assets Investment and Economic Growth Mode Transformation——An Empirical Analysis Based on Yangtze River Delta Region
Feng Cai
Abstract
Feng Cai
Abstract
The paper analyzes the size,structure and efficiency of fixed assets investment in Yangtze River Delta region,and compares with the national data. The conclusion shows that Yangtze River Delta region is gradually getting rid of the investment-driven economy growth,and is transiting from the extensive style of economic growth mode to the intensive type of economic growth mode. At the same time,it is facing the bottleneck of investment-driven economic growth. Therefore,Yangtze River Delta region must improve the quality and efficiency of investment.
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The paper analyzes the size,structure and efficiency of fixed assets investment in Yangtze River Delta region,and compares with the national data. The conclusion shows that Yangtze River Delta region is gradually getting rid of the investment-driven economy growth,and is transiting from the extensive style of economic growth mode to the intensive type of economic growth mode. At the same time,it is facing the bottleneck of investment-driven economic growth. Therefore,Yangtze River Delta region must improve the quality and efficiency of investment.
Key concepts: Bottleneck, Fixed asset, Investment (military), Yangtze river, Delta, Mode (computer interface), Fixed investment, Business