Elements of regional economic development

1. Elements of regional economic development

Regional economy is a production complex resulting from the interaction between internal factors and external conditions of economic development in a certain region. The economic development of each region is restricted by factors such as natural conditions, socioeconomic conditions, and technical and economic policies. Natural conditions such as moisture, heat, light, land and disaster frequency all affect the development of regional economy, and sometimes play a very important role; under a certain level of productivity development, the degree of regional economic development is affected by the investment of capital and technology. and labor and other factors; technical and economic policies also have a significant impact on the development of specific regional economies.

2. Development characteristics of the Chengdu-Chongqing Economic Circle

The Chengdu-Chongqing region is located at the junction of southwest and northwest China. It is the most economically developed region in western China and the most important economy in the west. center. Compared with other regions in the west, the Chengdu-Chongqing region has a good foundation for social development, relatively superior natural ecological conditions, and has great development capacity and potential. At present, it has become a key area for the development of western China.

Chengdu and Chongqing are both major economic growth poles in western China, as well as important industrial towns and major gathering places for high-tech industries in the western region. Chongqing and Chengdu have 17 and 12 bank offices respectively, 3 regional listed banks, and more than 120 billion in deposits. Chongqing and Chengdu have 121 Fortune 500 companies stationed in Chongqing. Among them, Ford Motor, the largest company, has invested more than 12 billion yuan in Chongqing. At present, the economic growth rate of the Chengdu-Chongqing region exceeds that of the Pearl River Delta and Yangtze River Delta regions, and its annual growth rate of 9.5% also exceeds that of the Bohai Rim region, making it the urban belt with the fastest economic growth in China.

3. Chengdu-Chongqing Economic Circle Development Model

According to the Sichuan-Chongqing Economic Belt construction concept determined by experts, Chengdu and Chongqing will be the two "twin constellations" of the economic belt. Within 5 years, these two "locomotives" will drive the rapid development of a total of 35 large, medium and small cities, including the Chengdu Plain Economic Belt, Chongqing Urban Belt, Southern Sichuan Urban Belt, Central Sichuan Urban Belt, and the Three Gorges Immigration Economic Belt. Statistics show that the total economic output of the Chengdu-Chongqing Economic Circle accounts for 91% of that of Sichuan and Chongqing, with an output of 3.5 million yuan per square kilometer, 2.27 million yuan higher than the national average. This provides opportunities for the two places to further realize complementary advantages, industrial cooperation, and The foundation has been laid for creating the western economic growth belt.

In terms of transportation, the Chengdu-Chongqing Economic Belt will speed up the opening of north-south and east-west transportation and reduce logistics costs. These include Inner Mongolia Hohhot-Shaanxi-Chengdu-Vietnam; Shanghai-Chongqing-Chengdu expressway; Lanzhou-Suining-Chongqing, Xi'an-Dazhou-Chongqing railway projects and other projects.

In terms of people’s livelihood and policies, the State Council has issued a series of preferential policies. A wider house means a bigger wallet.