Regional Development Scheme in China Using the Functions of University

Abstract

China has been experiencing rapid transitions since economic reforms in 1978, the results of the reform have shown wide regional disparity. As China looks to sustain the past success of economic growth and poverty reduction in 21st century, it needs to make major changes in its development strategy in order to fulfill its national development targets. This paper studies the economic development situation of eastern, central, western regions in China, and the functions of Chinese universities, which include education, research and contribution to the society. A new Chinese innovation system has been emerging in terms of university-run enterprise. In recent years, science parks, incubators, and high-tech development zones have been provided with strong incentives. The commitment of Chinese government to further introduce a market economy has been elaborated with a focus on the relations between university and industry. The operation mechanism of Chinese university-run enterprise has special characteristics, which are government support, relying on university, market mechanism, and industry movement. As human society enters the knowledge and information age, education is expected to play an increasingly important role and it gives driving force to regional economic development of China by using of the functions of university.