Abstract
In order to promote Xi’an’s economic development as an export-oriented hub, 7 indicators, including GDP, foreign trade volume, investment volume, passenger transport volume, freight volume, post and telecommunications business income, and the number of industrial enterprises above designated size, are selected to analyze the development of the hub economy through multiple linear regression analysis method. The results show that foreign trade, passenger traffic and post and telecommunications business revenues are significant to the economic development of Xi’an hub. However, the freight volume, investment and the number of enterprises above designated size have not passed the inspection. According to self-organization theory, the countermeasures for Xi’an to develop the hub economy are puts forward.
Highlights
Xi'an, as an inland port city, the forefront of the Silk Road Economic Belt, the forefront of the Western Development and a national central city in the Guanzhong Plain urban agglomeration, has geographic advantages of developing a hub economy
In 2017, the dependence on foreign trade of Xi'an was higher than the national dependence on foreign trade, and it increased to 39.56% in 2018, which was slightly lower
Trade volume increases by 1% and GDP increases by 0.55%
Summary
Xi'an, as an inland port city, the forefront of the Silk Road Economic Belt, the forefront of the Western Development and a national central city in the Guanzhong Plain urban agglomeration, has geographic advantages of developing a hub economy. Driven by the port economy, the development of the hub economy has strong feasibility. With a weak industrial foundation, not strong technological strength, lack of supply in the hinterland, and fierce competition from similar cities, if Xi’an wants to stand out in the national economy and develop into an economic metropolis, it needs to rely on port platforms and logistics according to its city positioning and comparative advantages. Channels, attracting industry gathering and integration, occupying the highest point of the economy, creating a hub economy, and realizing the overall improvement of the overall economic strength of Xi'an
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