The Research on the Influencing Factors of China's Urban Economic Development Based on Structural Equation Model

Abstract

Since the reform and opening up, China's economy has shown a steady upward momentum of development and how to maintain sustained and stable economic growth is our concern. Using the annual data of 2013 China's 31 provinces as samples to set up the structural equation model. The author divide into three aspects for these factors which are effect the economic development of the city, which include transportation, urban construction and people's life. The results show that all of the three aspects have significant effect to urban economic development. Then we put forward constructive opinions to promoting the economic development of the city.