Administrative region economy

Author: Lu Yong
Publisher:
Publish Date: 2002-10-01
Features: This paper focuses on the study of "regional economy," explicitly proposing that the key to promoting the healthy development of regional economy lies in establishing a meso-adjustment mechanism for regional government management of local economy while maintaining the authority of central economic management. It also emphasizes the need to improve the central government's macro-control mechanism for the national economy, establish a meso-adjustment mechanism for regional governments to manage local economic development, and shape legal entities in micro-market operations. The basic research approach and methods involve analyzing the causes of regional economic development disparities in China's transitional development, the contributions of different economic factors to regional economic development, and comparing major issues in regional economic development across various countries. Based on these analyses, the paper proposes fundamental countermeasures and strategies to address these problems, outlining the basic content and primary means of establishing a meso-economic adjustment mechanism for regional governments under the constraints of the national macro-control system. Furthermore, it provides an initial exploration of the basic countermeasures regional governments should adopt in response to economic globalization and trade liberalization.