Economic Globalization and China's Local Economies: A Study on Jiangsu's Open Economy

Author: Zhu Nixin
Publisher:
Publish Date: 2005-07-01
Features: The Economy of Jiangsu in the Pattern of Opening Up · Basic Positioning of Economic Internationalization · Transformation and Upgrading of Open Economy · Orientation and Progress of Enterprise Structural Adjustment. Over the past two decades, reform and opening-up have injected fresh institutional vitality and tremendous development momentum into China's local economies. Across the country, many distinctive local economic development paths and models have been created, with Jiangsu, particularly the southern part of the province, standing out for its export-oriented and open economy. This book focuses on the "Southern Jiangsu Model," discussing Jiangsu's development achievements, development paths, and distinctive features since reform and opening-up, from the rise of rural enterprises to the sustained growth of export-oriented economy, from the "Two Firsts" initiative to the strategic goal of comprehensive, coordinated, and sustainable development, and from the transformation of local government functions to the establishment of enterprises as market entities and their relationship with economic growth models. Placing this development process within the broader context of economic globalization, the book analyzes China's local economic development from the perspective of the temporal and spatial intersection and mechanism interaction between China's reform and opening-up and the process of economic globalization. Taking Jiangsu as a typical case, it provides a rational reflection and analysis of local economic development from the perspectives of development economics and regional economics.