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2021

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Report on Regional Economic Development in China (2020-2021)

Subtitle:

By:Hong Zhao

Publisher:Social Sciences Academic Press

ISBN:978-7-5201-8021-4

Publication Date:2021-03-17

Language:Chinese

Paper book:US $
Ebook:US $
Paper Book& Ebook:US $
1888 1000

Table of contents:

About the author(s):

Description:

2020 is an extraordinary year in the history of new China. The sudden outbreak of COVID-19 has caused serious impact on the regional economic development in China. China’s economic growth fell by 6.8 percent in the first quarter of 2020,the lowest since quarterly GDP data were released in 1992. In the face of the epidemic,the CPC Central Committee with Comrade Xi Jinping at its core accurately judged the situation,carefully planned and made decisive decisions,and focused on epidemic prevention and control as well as economic and social development. The State Council proposed “six stability” and “six guarantees”,raising the minimum standard of basic pension for urban and rural residents,stepping up efforts to cut taxes and fees,issuing 1 trillion yuan of anti-epidemic Treasury bonds,increasing the fiscal deficit by 1 trillion yuan,and implementing targeted fiscal policies to reduce taxes and burdens for small and medium-sized enterprises. China’s economy took the lead in a steady recovery as it pushed for an orderly resumption of work and production in the context of regular epidemic prevention and control. In 2020,China’s economic growth first fell and then rose,with an obvious recovery trend,making China the only major economy in the world to achieve positive growth. At present,China’s economic operation is gradually returning to normal. In 2020,The novel coronavirus pneumonia has a short-term impact on China’s regional economic development. All regions adopt targeted policies to support economic development. Turning crisis into opportunity,all regions take innovation and development as the driving force,and accelerate the transformation of regional economic development momentum. The task of poverty alleviation in the new era was completed on schedule. All 832 poverty-stricken counties in China have been lifted out of poverty. Decisive Success is made in building a moderately prosperous society in all respects. National major development strategy continues to advance. A new pattern of high-quality regional development gradually takes shape. The construction of new urbanization continues to consolidate. We continue to promote ecological progress. The concept of ecological progress has been deepened. At present and for some time to come,China is still in an important period of strategic opportunities for development,but both opportunities and challenges are changing. The development of the COVID-19 epidemic is still uncertain,the world economic governance system is facing serious challenges,and China’s economic development is facing greater external pressure. 2021 is the year when China’s two centenary goals converge. It is also the year when the 14th Five-Year Plan begins. We will embark on a new journey to fully build a modern socialist country. Looking forward to 2021,China’s regional economic development will present six trends.

Through the general report,the Beijing-Tianjin-Hebei region,the Yangtze River Delta region,the Pearl River Delta and the southern coastal region,the central and western regions and the northeast regions,the book analyzes the overall trend of China’s regional economic development from multiple angles. The general report analyzes the overall situation of China’s regional economic development in 2020,studies and judges the opportunities and challenges facing China’s regional economic development in 2021,and forecasts and analyzes the trend of China’s regional economic development in 2021. The Beijing-Tianjin-Hebei region focuses on the manufacturing industry of Beijing-Tianjin-Hebei,the ecological environment,the integrated development of urban and rural areas in Beijing,and the Xiongan New Area. In this paper,the Yangtze River Delta region studies the cultural industry,the high-quality development of manufacturing industry and the innovation ability of four major city clusters in the Yangtze River Delta region. The Pearl River Delta and the Southern Coastal Region is an in-depth analysis of the regional coordinated development of Guangdong,the Guangdong-Hong Kong-Macao Greater Bay Area,and the reform and opening-up and innovation system construction of Shenzhen. The central and western region analyzes Xinjiang’s poverty alleviation,Henan’s manufacturing industry,Shanxi’s high-quality development of the Yellow River basin and other issues. In Northeast China,the thesis studies the integration of urban and rural development and the industrial development in Jilin. The major events in the national regional economic development in 2020 are summarized and sorted out.