Abstract

This paper 1 analyzed and compared the main macroeconomic indicators of Xinjiang Uygur Autonomous Region (XUAR) of China and the other provinces in China, by using the macroeconomic data of China and 12 western provinces from 1999 to 2011 and considering the indicators of average developing level and economic development. Results from this study shows that the main problems existing in the process of economic development include several aspects in XUAR, such as lacking scale of fixed and foreign investment, and existed big gap of people's income between XUAR and the whole country and the other western provinces, and also, the industrial structure is not reasonable. Therefore, XUAR should fully use the golden opportunity for a new round of western development strategy including national policy on counterpart support, and makes effort in improving investment environment and expanding the ways to attract foreign investment as well as increasing the resident’s income to reduce the gap in income. Currently, the most urgent task of XUAR is to adjust local industrial structure and speed up the social economy so as to catch up with the average developing level of China.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.