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As regional inequality looms large in the policy debate in China, this volume brings together a selection of papers from authors whose work has had real impact on policy, so that researchers and policy makers can have access to them in one place.
This book offers a theoretically informed study of recent Chinese initiatives to provide forms of regional economic governance; or as it is often termed in Chinese discourses, regional “public goods”. It does so by considering the evolution of Chinese thinking on international relations and the global order, and by considering how the development of the Asian Infrastructure Investment Bank, the Belt and Road Initiative, and the putative Regional Comprehensive Economic Partnership reflect this change in thinking – and the change in both Chinese objectives and tactics.
The rise of China has been shaped and driven by its engagement with the global economy during a period of intensified globalization, yet China is a continent-sized economy and society with substantial diversity across its different regions. This means that its engagement with the global economy cannot just be understood at the national level, but requires analysis of the differences in participation in the global economy across China’s regions. This book responds to this challenge by looking at the development of China’s regions in this era of globalization. It traces the evolution of regional policy in China and its implications in a global context. Detailed chapters examine the global trajectory of what is now becoming known as the Greater Bay Area in southern China, the globalization of the inland mega-city of Chongqing, and the role of China’s regions in the globally-focused belt and road initiative launched by the Chinese government in late 2013. The book will be of interest to practitioners and scholars engaging with contemporary China’s political economy and international relations.
This study systematically examines uneven regional development in China, focusing on three central agents: the foreign investor, the state and the region. Wei's findings have important implications for theories of, and policy towards, Chinese regional development. This book is a vital resource for those with an interest in transition economies.
China has enjoyed unprecedented high economic growth for three decades. This growth has however been unbalanced and has led to some serious consequences which Chinese policy makers are now trying to rectify. One of the consequences is the deterioration of regional disparity which is threatening the stability of the Chinese society and hence the sustainability of current high economic growth in the country. This edited volume on China''s regional development and economic growth is hence timely and contains a collection of the latest research reports in this field. The authors represent a distinguished group of economists in Australia, China, Japan and Vietnam who are actively engaged in research of the Chinese economy. The topics addressed in the chapters cover important regional issues such as inequality, distribution of the creative class, FDI and industrial policies. Specifically, this volume aims to examine selected issues associated with China''s regional development, economic growth and FDI, and China and its neighboring economies. The findings will contribute to current economic policy debates.
The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.
Although China is now the ‘factory of the world’, there is no reason to expect that it will always be content with manufacturing labor-intensive goods for foreign corporations. Scholars must now ask: What is the current level of innovation in China? And how can we face this challenge and renovate industrial production and innovation capacities in developed countries? This edited volume investigates the unique characteristics of Chinese innovation and regional development, China’s policy framework, and the role that transnational corporations play in China’s increasing innovation activities. This book contributes to the heated debate regarding pathways for technology progress and regional development in developing countries, and identifies the ways in which local production networks respond to different configurations of external linkages. Linking patterns of global and local production networks with the trajectories of technology development and regional development allows the authors to theorize and test whether, and how, particular configurations of production networks generate divergent long-term local productivity growth and technological development outcomes. Innovation and Regional Development in China will be of interest to geographers, economists, China specialists, development specialists, and scholars working on innovation and regional development in developing areas and transition countries.
This book explores the three tracks of China's investment policy and strategy: bilateral agreements, regional agreements, and global initiatives. Its overarching topic is whether these three tracks compete with or complement one another - a question of profound importance for China's political and economic future and world investment governance.
Currently, much is said about the directions of development of modern China. However, we still do not know what will determine the expected superpower position of the Middle Kingdom. The book is an attempt to answer questions about China's main development challenges from a regional perspective. China aspires to become the country with the largest economy and development potential. This intention may turn out to be in vain if such significant disparities and development imbalances in the regional system are still present in China. The key to understanding the transformation of contemporary China is to recognize the internal determinants of the functioning of both the state and the economy from a regional perspective. A better understanding of the ways of managing regional development disparities may contribute to a more accurate assessment of the dynamics and directions of China's socio-economic development.
Planning for Growth: Urban and Regional Planning in China provides an overview of the changes in China’s planning system, policy, and practices using concrete examples and informative details in language that is accessible enough for the undergraduate but thoroughly grounded in a wealth of research and academic experience to support academics. It is the first accessible text on changing urban and regional planning in China under the process of transition from a centrally planned socialist economy to an emerging market in the world. Fulong Wu, a leading authority on Chinese cities and urban and regional planning, sets up the historical framework of planning in China including its foundation based on the proactive approach to economic growth, the new forms of planning, such as the ‘strategic spatial plan’ and ‘urban cluster plans’, that have emerged and stimulated rapid urban expansion and transformed compact Chinese cities into dispersed metropolises. And goes on to explain the new planning practices that began to pay attention to eco-cities, new towns and new development areas. Planning for Growth: Urban and Regional Planning in China demonstrates that planning is not necessarily an ‘enemy of growth’ and plays an important role in Chinese urbanization and economic growth. On the other hand, it also shows planning’s limitations in achieving a more sustainable and just urban future.