Analysis of the Sustained and Firm Support of Resource-Based Industries on China's Economy

Abstract

In recent years, due to the increasingly cumulative effect of environmental problems caused by the development of resource-based industries, people ascribe the economic development lag brought about by the deformity of economic structure in resource-based regions to resource-based industries. The only way to economic structure optimization and transformation is to compress resource-based industries. After nearly a decade of economic transforming practice as well as under the support and guidance of the macro policy and the active cooperation of local governments, the non-resource-based industry has made considerable progress, while resource-based industry is still on the rise in the proportion of the total economy. This paper will, from the perspective of the economic contribution rate, analyze the contribution of the resource-based industry on our economy from 2003 to 2011 so as to prove the continued steady support of resource-based industry on China's society and economy.