Evaluation and Analysis of Socio-Economic Development Level and Management in Guangxi province of China

Abstract

This article takes 14 regions in Guangxi as the research object, selects ten indicators that can measure the level of socio-economic development, establishes an index system for evaluating the regional socio-economic development level of Guangxi regions, and uses principal component analysis method and cluster analysis method carry out comprehensive evaluation and difference analysis among the economic development level of Guangxi regions. First, the primary component analysis method uses to comprehensively evaluate the economic development level of 14 regions in Guangxi. The results show that there are vast differences in the economic development levels of regions in Guangxi. Secondly, a systematic cluster analysis method uses to classify and analyze the differences between regions according to the similarity of economic development status. Finally, combined with the results of principal component analysis and cluster analysis, comprehensive evaluation analysis and discussion on the economic development status of various regions in Guangxi, and based on the evaluation results, proposed countermeasures for the socio-economic development and management in Guangxi province of China.