Academic Journal of Business & Management, 2022, 4(16); doi: 10.25236/AJBM.2022.041619.
School of International Economics, China Foreign Affairs University, Changping District, Beijing, China, 102206
The 19th National Congress of the CPC first introduced the concept of high-quality development. This paper constructs an evaluation system of Beijing’s high-quality economic development based on relevant data from 2016 to 2020, which contains five dimensions: overall economic profile, innovation capability, openness, urban construction and sustainability, then integrates the entropy method and CRITIC weighting method to determine the weights. From 2016 to 2020, the index of Beijing's high-quality economic development increased from 0.1677 to 0.1808, and the indexes of all dimensions except sustainability increased. The possible reason for the decline in the sustainability index is the lack of attention to ecological resource protection. At last, this paper concludes with policy recommendations,that is the government should: stabilize economic fundamentals and optimize the industrial structure; promote regional synergistic development by taking advantage of resource concentration; introduce new policies to expand the degree of openness; steadily promote the decentralization of non-capital functions and focus on sustainable development.
High-quality economic development; Entropy method; CRITIC Weighting method; Sustainability
Ziyue Rong. Study on the Factors Influencing the High-Quality Economic Development of Beijing. Academic Journal of Business & Management (2022) Vol. 4, Issue 16: 109-115. https://doi.org/10.25236/AJBM.2022.041619.
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