Year: 2024
Type: article
Abstract: China's economic development has seen impressive growth, yet this progress is marked by significant regional inequalities. This study provides a comprehensive analysis of these disparities, moving from a macroeconomic overview to a more focused micro-level examination. At the national level, regional inequality is evident, with coastal regions benefiting disproportionately from economic reforms compared to inland areas. The structure of these inequalities is analyzed from multiple perspectives: economic development, talent distribution, resource allocation, and policy support. Economically, disparities are driven by uneven industrialization and investment. From the talent perspective, there is a concentration of skilled labor in more developed regions. Resource-wise, natural and financial resources are unevenly distributed, further exacerbating regional gaps. Policy support has often favored already prosperous regions, widening the economic divide. To address these issues, the study proposes policy-driven solutions aimed at reducing regional inequalities. Key recommendations include enhancing targeted fiscal policies, improving infrastructure in underdeveloped areas, fostering balanced talent distribution, and ensuring equitable resource allocation. These strategies are crucial for promoting sustainable and inclusive economic growth across all regions in China.
Author: Guoliang Miao
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
SDG: Reduced inequalities
Open Access status: hybrid
OpenAlex ID: W4405333394