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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.
This book investigates uneven regional development in China – with particular focus on the cases of Guangdong and Zheijiang provinces – which have been at the forefront of debate since Chinese economic reform. Rapid economic growth since the ‘opening-up’ of China has been accompanied by significant disparities in the regional distribution of income: this book represents one of the most recent studies to present a picture of this inequality. Built upon a multi-scale and multi-mechanism framework, it provides systematic examination of both the patterns and mechanisms of regional development and inequality in provincial China, emphasizing the effects of economic transition. Approaching from a geographical perspective, its authors consider the interplay between the local, the state, and the global forces in shaping the landscape of regional inequality in China. Extensive empirical findings will prove useful to those researching other developing countries within the frontier of globalization and economic transition. Regional Inequality in Transitional China will appeal to scholars and students of geography, economics and Chinese studies more broadly.
Since China's reform and opening-up in 1978, Zhejiang province has been one of the country's forerunners in economic, social and political transformation. This book focuses on Zhejiang's rural development and rural governance innovation over the past few decades. The provincial government has formulated favorable policies to facilitate the development of Zhejiang's rural areas since 1978. Zhejiang's farmers, endowed with the spirit of innovation and entrepreneurship, have created a rural development model with farmers as the center of marketization, industrialization and urbanization. This book provides systematic analysis of the reform and development in Zhejiang's rural area as a case study of China's reform and opening-up. It offers some of the best economic and governance practices developed over the past few decades in China's rural areas. It also provides invaluable insights into the future development of China's rural areas.
This book systematically investigates the strategic significance and dynamic mechanisms present in the development of the Yangtze River Delta cluster, one of the major drivers of economic growth in China. The Yangtze River Delta is the most densely populated region in China, with the highest level of economic development. Against the background of China’s national strategy that aims to bolster and augment integrated development on the regional level, this study reviews the development process of the region and possible hindrances to further growth. From a wide array of dimensions, it assesses the key influencing factors, including institutional construction, governance mechanisms, spatial layout, government and corporate competition, the market environment, industrial linkages and synergies, collaborative innovation, public service, and social networks. Based on theoretical analysis and empirical studies, the book advances policy suggestions that help to solve the challenges for integrated development in the region. The volume will benefit scholars and students, as well as investors, business observers, and policy makers interested in the Chinese economy, regional economics, industrial economics, and economic geography.
This book investigates uneven regional development in China – with particular focus on the cases of Guangdong and Zheijiang provinces – which have been at the forefront of debate since Chinese economic reform. Rapid economic growth since the ‘opening-up’ of China has been accompanied by significant disparities in the regional distribution of income: this book represents one of the most recent studies to present a picture of this inequality. Built upon a multi-scale and multi-mechanism framework, it provides systematic examination of both the patterns and mechanisms of regional development and inequality in provincial China, emphasizing the effects of economic transition. Approaching from a geographical perspective, its authors consider the interplay between the local, the state, and the global forces in shaping the landscape of regional inequality in China. Extensive empirical findings will prove useful to those researching other developing countries within the frontier of globalization and economic transition. Regional Inequality in Transitional China will appeal to scholars and students of geography, economics and Chinese studies more broadly.
Since the beginning of China’s economic reform in 1978, private manufacturing firms have played an indispensable role in, and have made a remarkable contribution to, the country’s economic development. This book, based on extensive original research, explores the current development challenges for Chinese private manufacturing firms as China’s integration with the global economy deepens. At the heart of the book are rich, nuanced empirical case studies of private manufacturing firms in the footwear and electrical equipment industries based in the city of Wenzhou, which was where private enterprise in China was pioneered in the 1980s. Particular subjects considered include the competition situation, the interaction of foreign and indigenous firms in both domestic and international markets, and the facilitating role of industrial development areas.
The book mainly uses the New Institutional Economics Approach (NIE) to examine the formation and development of industrial clusters in China through multiple case studies of textile and clothing clusters in the Zhejiang province. The micro case studies illustrate the interaction between institutional change and the industrial development of China in transition.It also attempts to fill the information gap through an analysis of the typical institutional factors leading to the development and upgrading of industrial clusters, and provides a better understanding of the changing nature of the public-private interface in the process of cluster development in China.