ANALYSIS OF DIFFERENCES AND THEIR CAUSES IN THE REGIONAL ECONOMIC DEVELOPMENT OF CHINA

Abstract

The problems of regional development around the world are of paramount importance for the sustainable development of the economy of the entire country. The article deals with the issues of economic development of China's regions. The dynamics of GDP and GDP per capita growth in the eastern, central and western regions has been analyzed and studied. The tendencies of foreign trade of the designated regions are considered. The main causes of imbalances in regional development are classified, including factors of economic, political management and regulation, factors of geographical location and attractiveness for foreign and domestic investment. The directions of further development of the regions are determined to eliminate the imbalance in development from the point of view of economic and social efficiency.

Keywords

• regional development
• national economy
• resource allocation
• regions
• management