Author : Zewen Zheng
Publisher :
Page : 0 pages
File Size : 43,34 MB
Release : 2019
Category : China
ISBN :
Since reform and opening up in 1979, China's national economy has grown rapidly, and thenational economic strength has been continuously enhanced. However, the regional economy hasnot grown in a balanced way. Economic imbalances in China's three regions (eastern, central,and western) has become increasingly large. The eastern region has become the largest beneficiary area for absorption of foreign direct investment (FDI), while the central and westernregions have absorbed less, a trend of "high in the east and low in the west." Undoubtedly, FDI plays an important role in promoting China's economic growth and has become an important part of China's national economy. However, facts that have proved the expansion of regional economic differences has become a serious problem, which has had an impact on the national economy and social development. This paper analyzes the regional economic differences in China after reform and opening up, analyzes the main problems affecting the regional economic differences in China, and then puts forward suggestions for narrowing the regional economic differences and building a harmonious society.