Academic Journal of Business & Management, 2023, 5(4); doi: 10.25236/AJBM.2023.050420.
Department of Business Administration (CIMA), Xi'an International Studies University, Xi'an, China, 710128
Xi Jinping pointed out in the Party's Report to the 20th CPC National Congress that Chinese-style modernization is a modernization in which all people are prosperous together, and common prosperity is still our unremitting pursuit. Although China has built a well-off society in an all-round way in 2020, today's well-off society is still incomplete. The uncoordinated development of regional economy and the unbalanced development within the region still restrict the realization of the goal of common prosperity. For this reason, this paper divides the influencing factors of regional economy into three aspects: policy governance factors, regional endowment factors and capital investment factors. Regional economy is based on capital investment and regional endowment factors, and is restricted and guided by policy governance factors. The three factors are in unity of opposites and form an organic whole together, so we can specifically analyze regional economic situations in different time and space on this basis. At the same time, from these three aspects, this paper puts forward some countermeasures and suggestions for developing regional economy, such as constructing multi-level and all-round cooperation pattern, consolidating resource endowment, promoting the optimization and upgrading of regional industrial structure, and promoting the construction of regional innovation system, so as to gradually realize common prosperity under the coordinated development of regional economy and the continuous compensation of development differences between and within regions.
Common Prosperity, Regional Economies, Influencing Factor, Countermeasures
Liqi Zhou. Analysis of Influencing Factors of Unbalanced Regional Economic Development and Countermeasures. Academic Journal of Business & Management (2023) Vol. 5, Issue 4: 130-135. https://doi.org/10.25236/AJBM.2023.050420.
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