Research on the Impact of Integration of Factor Markets in the Yangtze River Delta Region on High Quality Economic Development

Abstract

The Yangtze River Delta region is the region with the strongest economic strength and the most intense inter provincial competition in China. While achieving rapid economic growth, there has also been a serious phenomenon of industrial structure convergence. Promoting high-quality development in the Yangtze River Delta region should start with promoting and supporting market integration in the region. To achieve the dual integration of "integration" and "high-quality" development, we cannot only focus on one aspect. The integrated development strategy of the Yangtze River Delta market is no longer only related to the economic development of the region, but also to the strategic choice of the overall national economy. A correct understanding of the development process and current situation of market integration in the Yangtze River Delta is beneficial for each region to clarify its own positioning and develop the optimal economic growth strategy for the region according to local conditions. It has important theoretical and practical significance for achieving regional coordination and narrowing regional differences. This article will study the impact mechanism of market integration in the Yangtze River Delta region on high-quality economic development from the perspective of factor markets and propose corresponding countermeasures and suggestions.