This book incorporates a selection of fourteen revised papers presented to the International Conference on "China's Regional Economic Development: Cooperation, Challenges and Opportunities for Singapore," organized jointly by the Saw Centre for Financial Studies, NUS Business School, and the East Asian Institute, National University of Singapore, in May 2008. The fourteen chapters discuss in considerable detail the recent shift adopted by the Chinese Government towards the regional development of the country in order to achieve a more balanced economy for the whole country. The economic challenges and opportunities in the various parts of the region are examined in the context of this new policy. The book, with contributors from experts in the topics covered, will be invaluable to businessmen, analysts, academics, students, and policy-makers.
Since the reform and opening-up in the late 1970s, Wenzhou City of China's Zhejiang Province has witnessed large-scale institutional change and rapid economic development. This book studies the institutional change and economic development in Wenzhou since China's reform and opening-up. It concludes that the most important characteristic of Wenzhou model is that the city is the first to promote industrialization and urbanization by privatization and marketization in Zhejiang. As privatization and marketization reflect reform, and industrialization and urbanization represent development, Wenzhou model promotes development through economic reform. In the early years of the reform and opening-up, the people of Wenzhou boldly faced the constraints of traditional planned economy, bravely explored the market-oriented reform and opened up a new path to regional economic development. This book also contains the stories of the people of Wenzhou.
Under the conditions of market economy, the government is an independent economic entity, whose function is not only to provide services and handle public affairs, but also to coordinate, advance and lead economic development. The dual functions of regional government include providing service and administration at the micro-level on behalf of market economy on one hand and leading, regulating and promoting economic development at the macro-level on behalf of the central government on the other hand. Foresighted leading means giving free rein to the government, especially regional government, in economic guidance, regulation and early warning. It also means that the government is responsible for effectively allocating funds and gaining advantages using market rules, leveraging market forces and other means such as investment, price, taxation, law, and organizational, institutional and technological innovations to promote the scientific and sustainable development of the regional economy.
This book offers extensive and quality research on and original insights into China’s internal regional dynamics. It provides a focused analysis of the internal dynamics and regional economic diversity of China covering the eastern, central and western regions through case study, data analysis and review of state-initiated policy measures. The book also identifies and analyses existing and potential challenges facing China’s regions in their pursuit of sustainable development. Different regions in China have attempted to achieve fast economic growth and move up the industrial value chain through industrial restructuring and upgrading, inter-regional industrial transfer, urbanization or seeking central government’s endorsement of new regional policies. The book examines the difference and similarities among local government policies to boost regional industrial and economic growth and assesses their implications and effectiveness. The author had conducted detailed studies in this field in order to bridge the existing research gap and the book will help to give rise to useful and illuminating discussion.
The book presents the comprehensive research findings on the basic features, formation mechanisms and evolution laws of Chinese enterprise migration, from the micro-perspective of enterprise migration; and on this basis, the influences from enterprise migration on industrial agglomeration and diffusion as well as the evolution of regional economy. The migration trends, power mechanisms, determining factors, structural and spatial effects of Chinese manufacturing industry have also been studied. The author also puts forward policy advice on the themes above, such as the central government should pay more attention to the fairness goals in the market economy framework; some policies should be improved to positively and reasonably guide and regulate firm relocation in China, for example, enterprises from Chinese coastal areas should be encouraged to move to the mid and west areas; the industrialization and urbanization in mid and west areas should be accelerated; the economic development should be geared to the bearing capacity of natural resources and environment; industries and economic activities should be promoted to agglomerate effectively in metropolitan regions.This book provides a comprehensive analysis on the relocation of enterprises in China, as well as the situation of China's regional economic development. The author, Wei Houkai, as an authoritative economist on regional development of China, completed his detailed survey on China's regional economy from this perspective of enterprise relocation, together with his research group. This book, doubtlessly, provides a valuable opportunity for readers in English world to obtain the realistic and rational messages about what is happening in China in certain domains. The author, whose policy advice has always been adopted by the government of China, raises some significant viewpoints based on his distinctive insight, which may be influencing the regional development route in China.
China has enjoyed unprecedented high economic growth for three decades. This growth has however been unbalanced and has led to some serious consequences which Chinese policy makers are now trying to rectify. One of the consequences is the deterioration of regional disparity which is threatening the stability of the Chinese society and hence the sustainability of current high economic growth in the country. This edited volume on China's regional development and economic growth is hence timely and contains a collection of the latest research reports in this field. The authors represent a distinguished group of economists in Australia, China, Japan and Vietnam who are actively engaged in research of the Chinese economy. The topics addressed in the chapters cover important regional issues such as inequality, distribution of the creative class, FDI and industrial policies. Specifically, this volume aims to examine selected issues associated with China's regional development, economic growth and FDI, and China and its neighboring economies. The findings will contribute to current economic policy debates.
First published in 1989. This book considers two major aspect of China's economic reform: the 'open policy' towards the West, aimed at attracting technology and skills into the country and the emphasis on 'regionalization' which established market-orientated rather than bureaucratically-controlled patterns of economic development.
Substantial disparities across different Chinese regions are one of the most prominent features in China’s development process. This book investigates the mechanisms through which openness affects regional economic growth and interregional disparities in China. Based on the latest data and employing a variety of panel data regression techniques, it provides readers with new findings that shed light on the effects of openness on China’s regional economic growth and the evolution of the country’s interregional disparities.
Exploring one of the most dynamic and contested regions of the world, this series includes works on political, economic, cultural, and social changes in modern and contemporary Asia and the Pacific.
