The Micro-Analysis of Regional Economy in China: A Perspective of Firm Relocation

The book presents the comprehensive research findings on the basic features, formation mechanisms and evolution laws of Chinese enterprise migration, from the micro-perspective of enterprise migration; and on this basis, the influences from enterprise migration on industrial agglomeration and diffusion as well as the evolution of regional economy. The migration trends, power mechanisms, determining factors, structural and spatial effects of Chinese manufacturing industry have also been studied. The author also puts forward policy advice on the themes above, such as the central government should pay more attention to the fairness goals in the market economy framework; some policies should be improved to positively and reasonably guide and regulate firm relocation in China, for example, enterprises from Chinese coastal areas should be encouraged to move to the mid and west areas; the industrialization and urbanization in mid and west areas should be accelerated; the economic development should be geared to the bearing capacity of natural resources and environment; industries and economic activities should be promoted to agglomerate effectively in metropolitan regions.This book provides a comprehensive analysis on the relocation of enterprises in China, as well as the situation of China's regional economic development. The author, Wei Houkai, as an authoritative economist on regional development of China, completed his detailed survey on China's regional economy from this perspective of enterprise relocation, together with his research group. This book, doubtlessly, provides a valuable opportunity for readers in English world to obtain the realistic and rational messages about what is happening in China in certain domains. The author, whose policy advice has always been adopted by the government of China, raises some significant viewpoints based on his distinctive insight, which may be influencing the regional development route in China.