Open AccessA strategic approach to reducing inter-regional economic differentiation: China’s experience
Author(s) -
Yulia Vertakova,
Liu Ya
Publication year - 2021
Publication title -
vestnik universiteta
Language(s) - English
Resource type - Journals
eISSN - 2686-8415
pISSN - 1816-4277
DOI - 10.26425/1816-4277-2021-10-122-132
Subject(s) - china , strategic planning , business , consistency (knowledge bases) , government (linguistics) , regional development , strategic development , process (computing) , regional planning , shift share analysis , regional science , economic system , economics , marketing , political science , geography , computer science , urban planning , engineering , business administration , linguistics , philosophy , civil engineering , artificial intelligence , law , operating system
This article examines the transition process from a strategy of unbalanced regional development to a strategy of coordinated regional development in China. A number of national strategies and strategic plans for regional development aimed at reducing inter-regional differentiation have been analysed. The paper aims to provide a comprehensive case study of China’s experience in implementing strategic planning to reduce inter-regional economic differentiation. Using the methodology of systems and strategic analysis, the authors analysed the main directions of national strategic regional planning to reduce inter-regional economic differentiation in China. The advantages and disadvantages of approaches to reducing inter-regional economic differentiation have been identified and recommendations for their improvement have been developed. National strategic planning for regional development is an important tool of regional policy to reduce inter-regional economic differentiation. It is necessary to concentrate efforts on ensuring consistency between the central government and local authorities, coordinating different areas of planning and their consistency, and developing a market mechanism.