The faster country in Economic Development must be an International Center of Economy

The purpose of this study was to research the effects of faster pace of economic development and the reason why international economic centers are rapidly changed. The study analyzes the historical facts and materials concerning economic development from ancient times to the present,and analyzes the reason why one country or area becomes an international economic center. Then it concludes that if one nation or area’s economy develops faster than that of other areas or nations, this nation or area must become the international economic center in a certain time.

Evolution and Governance of the Structure of Marine Economic Networks in China’s Coastal Areas: Based on Sea-related A-share Listed Companies

Data on discrete,isolated attributes of the marine economy are often used in traditional marine economic research.However,as the focus of urban research shifts from internal static attributes to external dynamic linkages,the importance of marine economic net-work research is beginning to emerge.The construction of the marine economic network in China’s coastal areas is necessary to change the flow of land and sea resources and optimize regional marine economic development.Employing data from headquarters and branches of sea-related A-share listed enterprises to construct the marine economic network in China,we use social network analysis(SNA)to discuss the characteristics of its evolution as of 2010,2015,and 2020 and its governance.The following results were obtained.1)In terms of topological characteristics,the scale of the marine economic network in China’s coastal areas has accelerated and expan-ded,and the connections have become increasingly close;thus,this development has complex network characteristics.2)In terms of spatial structure,the intensity of the connection fluctuates and does not form stable development support;the group structure gradually becomes clear,but the overall pattern is fragmented;there are spatial differences in marine economic agglomeration radiation;the radi-ation effect of the eastern marine economic circle is obvious;and the polarization effect of northern and southern marine economic circles is significant.On this basis,we construct a framework for the governance of a marine economic network with the market,the government,and industry as the three governing bodies.By clarifying the driving factors and building objectives of marine economic network construction,this study aims to foster the high-quality development of China’s marine economy.

Evolvement Characteristics of Population and Economic Gravity Centers in Tarim River Basin,Uygur Autonomous Region of Xinjiang,China

Using the data at the county levcl and the regional gravity center model, we calculated six key socio-economic gravity centers, namely population, GDP, output values of primary, secondary and tertiary industries, and arable land area in the Tarim River Basin for each year from 1980 to 2009. We inspected the spatial dynamics of these centers and found that the gravity centers of population and economy evolved simultaneously. The disproportional growth between the population and the economy is also analyzed. The results show that： 1） The gravity centers of the GDR the output values of the main three industries and arable land area show migration trending from southwest to northeast, while the population gravity center shows an excessive growth in the southwest during the same time period. The migration amplitude of the GDP and output values of primary industry, secondary industry, tertiary industry are measurably higher than that of the population. 2） The population gravity center has a negative correlation with the gravity centers of secondary and tertiary industries output values in both longitudinal and latitudinal directions, and a positive correlation with that of primary industry output value in the longitudinal direction. Based on the analysis of correlation coefficient and offset distance, the imbalance between the population and the economy has increased since the 1980s, with regional economic differences now exceeding the international cordon.

Prospects for an Eastward Shift of the Global Economic Center

The rapid growth of Asian economies and their rising share of the global economy give rise to a prevailing view that the global economic center is moving eastward. At least over the next decade, however, Asia is unlikely to become the global economic center. There are multiple reasons .for this. First, insufficient demands from end consumers will make it difficult to reduce Asian economies＇ reliance on other markets for exports. Second, Asian economies＇ continued growth will be constrained both by insufficient innovation and by future global climate change regulations. Because of international labor division, moreover, it will be increasingly difficult to achieve leapfrog development. Third, there are several obstacles to building an integrated Asian market： these will prevent Asian economies .from shaping a common ground regarding international affairs. If Asian countries are unable to make breakthroughs in these three areas, the global economic system may exhibit asymmetrical ＂dual centers＂, i.e, a global manufacturing center in Asia and a global financial center in Europe and America.

Economic Impact of Clinical Research to Research Centers and Opportunity Cost for the Reimbursement System in Turkey

Introduction: Clinical research is a key component of drug development with a significant economic value. It has been reported that the development of a new molecule requires 10 - 15 years and costs almost $1.3 billion. Around 75% of the cost is spent on the Phase I-IV clinical research process. This study aimed to show the economic value of clinical research in Turkey. Methods: Clinical trial budgets were estimated from the raw data of the Report of Istanbul Medical Faculty Clinical Research (ITFKAR). In the research, the estimated cost of drugs used in the clinical trials for the Turkish reimbursement agency (SGK) was calculated to show the cost of medicines acquired through clinical research. Results: The total budget for sponsored pharmaceutical research was $107 million in Turkey, and the government saved close to $311,096,130 during 2006-2010, due to not reimbursing the patients for the drugs in the clinical trials. Conclusion: Despite the limitations of the study, the findings are unique for Turkey. The results can lead to revisiting the importance and economic value of clinical trials in Turkey.

Chinese and US S&T Innovation Policies and Their Effects on Economic Growth Potentials

Since the eruption of the recent global financial crisis, major countries have been pushing forward structural reforms with science and technology （S＆T） innovation at the heart. Since taking office, US President Donald Trump has adopted an ＂America First＂ strategy but has yet to specify a clear S＆T innovation policy. However, Trump＇s current policies have already affected S＆T innovation and his planned budget cuts will impact US growth potentials. Compared with the US, China is steadily implementing its innovation-driven development strategy with significant improvement in S＆ T innovation that increasingly supports economic growth. To spur future economic growth, China should steadfastly follow its S＆T innovation strategy, promote the utilization of S＆T innovation results, boost its economic growth potentials and make the most of global innovation resources.

China’s Potential Economic Growths during 2015-2025 under Different Scenarios~

China has entered a crucial period of further growth and restructuring that will last until 2025. Based on a review of the major factors affecting China＇s potential economic growth, this paper has created an integrated economic system model consisting of system dynamics, econometrics, and input-output for the forecast of China＇s economic size and structure by 2025. Analysis shows that prior to 2025, China will be able to maintain a potential annual economic growth rate of 5.7%-7.2%. Faced with an international environment of a possible slowdown of advanced economies and diminishing demographic dividends, China needs to further expedite its urbanization process, enhance R＆D and education spending, increase total factor productivity （TFP）, vigorously develop the tertiary sector, and expand consumption in order to achieve the optimistically estimated growth of 6.6%-7.4% during the period of 2015-2025. Economic growth should be accompanied by the upgrade of industry structure and improvement of investment and consumption structures.

R/S AND WAVELET ANALYSIS ON EVOLUTIONARYPROCESS OF REGIONAL ECONOMIC DISPARITY IN CHINA DURING PAST 50 YEARS

This paper shows the dynamic process of regional disparity of economic development in China in the past 50 years from a new insight by using the rescaled range statistic (R/S) analysis and wavelet analysis of the Theil index sequence with different time scales. The main conclusions are: 1) The regional disparity of economic development in China, including the inter-provincial disparity, inter-regional disparity and intra-regional disparity, has existed for many years. Theil index by the comparative price has revealed the true trend for comparative disparity of regional economic development from 1952 to 2000. 2) Decomposition of Theil index indicates that the dynamic trend of comparative inter-provincial disparity in the coastal region is in line with dynamic trend of inter-provincial disparity in the whole China. 3) The R/S analysis results tell us that during 1966-1978, the Hurst exponent H=0.504 approximate to 0.5, which indicates that in that period the evolution of comparative inter-provincial disparity of economic development showed a random characteristic, and in the other periods, i.e. 1952-1965, 1979-1990 and 1991-2000, the Hurst exponent H>0.5, which indicates that in those periods the evolution of the comparative inter-provincial disparity of economic development in China had a long-enduring characteristic. 4) By using wavelet analysis at different time scale, we arrived at a conclusion that the evolutionary process of the disparity of economic development of China is not a simple inverted U shape but a compound of several U shapes. The result tells us that the evolutionary plot of inter-provincial disparity in China follows the inverted U on the whole at the higher scale, 24 ( 16 years). That is to say, the disparity tends to rise in the first stage of economic development, and fall slowly over the peak in the second stage of economic development. However, if we shorten the time scale to 23 ( 8 years), then a link of several U shapes will appear.

China’s Economic Growth and High-Quality Development:2020-2035

The time period between 2020 and 2035 is vital for China to achieve its second centennial goal.During this period,China must avoid the middle-income trap and achieve socialist modernization.To accomplish this goal,China must maintain a certain pace of economic growth and strive to double its real GDP per capita by 2035.However,by the current growth trajectory,China’s average economic growth rate is expected to stay at approximately 3.8%over the period between 2020-2035.This makes the GDP per capita growth target hard to achieve.Even when in a high-quality development stage,China should speed up economic growth while enhancing growth quality.Speed and quality are interdependent rather than contradictory with each other.To ramp up economic growth potentials,China must proceed with market-oriented reforms and shift economic growth drivers.To improve economic growth quality,household consumption should be increased to unleash China’s full potential,not only as the factory floor of the world but also one of world’s biggest markets,i.e.“dual circulations.”With appropriate policy response,China’s economy will be poised to achieve the goal of doubling real GDP per capita by 2035,marking a large stride in its economic aggregate and urban and rural household per capita incomes.

Spatial-temporal characteristics of the coupling coordination of social security and economic development in China during 2002–2018

Clarifying the relationship between social security and economic development is helpful to realize the sustainable social security system and the stable function of sustainable economic development.In this paper,the entropy method,coupling coordination degree,standard deviation ellipse model,and spatial autocorrelation were used to study the spatial-temporal characteristics of coupling coordination of social security and economic development in China from 2002 to 2018.The results indicate that the relationship between social security and economic development in China has been gradually strengthened in the process of mutual adaptation and common development.The benign interaction between the two was unstable,though the coupling coordination degree gradually transitioned to the primary coupling coordination type.Besides,from a spatial perspective,first,the coupling coordination degree of social security and economic development in China contracted in the east-west and north-south directions,and the coupling coordination clustered in the central region in this period;second,the coupling coordination degree generally presented a positive spatial autocorrelation,and regions with similar coupling coordination degrees were in a state of agglomeration;finally,the hot spots clumped together to form a continuous area in the eastern coastal area while the cold spots expanded toward the northwest and northeast.Furthermore,the random distribution areas exhibited a trend of contraction.

Understanding the Past,Present,and Future of China's Economic Development——Based on A Unified Framework of Growth Theories

Through exploring the limitation of the neoclassical theory of economic growth,which classifies growth as a homogenous process,this paper reconciles various theories of economic development and explains the rises and falls of economic growth under a unified framework,focusing on incentives of the accumulation of physical and human capital.This paper classifies instances of economic growth into four categories—the Malthusian poverty trap,the Lewis dual model of economic development,the Lewis turning point,and Solow neoclassical growth model.This paper conducts empirical analysis of these categories of economic development as they are relevant to Chinese economic growth and discusses policy implications therein.

BASIC FEATURES AND TRENDS OF THE ECONOMIC BASE OF BEIJING

In China, systematic studies on economic base of a single city are very weak. Based on the 1990 census andrelevant statistics during 1990 - 1994, a comparative study is conducted on Beijing, Shanghai and Tianjin. The majorconclusions are as follows: (1) Beijing is not only the national political and cultural center, but also the national economiccenter, viz the commercial service center and the low water-consuming, light polluting, external economy-typed andknowledge-intensive manufacturing industrial center, which is appropriate for Beijing’s comparative advantage. (2) Thehigh water-consuming, heavy polluting and regional market-oriented industry is overdeveloped as far as Beijing’s scarcewater and other natural resources are concerned. (3) Beijing’s industrial base is smaller, more regional market-based, andthe service base is more diverse, larger and more national market-based than Shanghai’s and Tianjin’ s. (4) With the development of socialist market economy and implemenl of sustainable development strategy, the external economy-typedand knowledge-intensive manufacturing industry with lower input of water and less environmental pollution, and information-intensive service industries will centralize further, and the industry with higher input of water and/or severe environmental pollution will decentralize.

Selection,distribution and way of development of leading industries in the Beijing-Kowloon economic belt

In this paper, the development issue of leading industries of Beijing Kowloon Economic Belt is discussed. According to the regional base and the development conditions, the development strategy of Beijing Kowloon Economic Belt should concentrate on developing the following leading industries: Machine building and electronics, textile and its deep processing industry, food processing, chemical industry, and power industry. Meantime, the industrial centers such as Nanchang, Jiujiang, Shenzhen, Huizhou, Ji'an, Fuyang, Shangqiu, and so on should be constructed particularly.

Statistical Communique of the People's Republic of China on the 1998 National Economic and Social Development

In 1998, facing the complicated and severe domestic and internationaleconomic environment, people of all nationalities, under the correct lead-ership of the Central Party Committee and the State Council, implement-ed a series of policies aiming at increasing input and expanding domesticdemand. Difficulties brought about by the Asian financial crisis and dev-astating flooding were overcome, various reforms were further deepened,and economic growth was promoted, resulting in great achievements at-tracting worldwide attention.

Pedestrian street and its effect on economic sustainability of a historical Middle Eastern city:The case of Chaharbagh Abbasi in Isfahan,Iran

Pedestrianization is an urban revitalization strategy to enhance sustainability and livability in car-oriented cities.Despite many studies in this research field,the effects of pedestrianization on the economy of cities in developing countries still need further investigation.Additionally,the impact of this strategy on the tenant mix of com-mercial and historical areas in Middle East countries is nebulous.To address these inadequacies,we considered Chaharbagh Abbasi street,located in the heart of Isfahan,Iran,and investigated the impact of a pedestrianization project with particular emphasis on how it affects the economic sustainability of existent commercial fabric.Pre-and post-project data along with field observations and quantifications used to assess structural replacements in trade,were analyzed with SPSS and ArcGIS software.The results revealed unexpected outcomes,such as the closure of some traditional businesses(27.5%),a stagnation in sales(69%)and a decrease in job offers(84%)leading the local economy to a fragile situation.Conversely,it was found that the footfall volume increased by 64% and 73% from the retailers’and pedestrians’viewpoints.This evolution along with a wide opening of food and beverage stores(approximately 60%)makes the post-pedestrianization results more promising than earlier predictions.In conclusion,these findings reinforce the importance of pedestrian streets in revitalizing economic activities in historical and commercial areas from the perspective of economic sustainability.Due to the lack of similar investigations in Middle East countries,these findings can support decision-makers and urban planners to take preventive measures in preserving the diversity of individual small shops for upcoming urban rehabilitation projects in terms of pedestrianization.

The Forest Pattern and Its Variation Characteristics in Economic Zone on the Western Coast of the Taiwan Straits

Taking Economic Zone on the Western Coast of the Taiwan Straits as the study area,we use GIS,remote sensing,mathematical statistics and other methods,to analyze the forest pattern and its variation characteristics in Economic Zone on the Western Coast of the Taiwan Straits during the period 1992-2008;use canonical correspondence analysis(CCA)to examine the effects of environmental factors on changes in forest pattern.The results show that the forest resources are rich in Economic Zone on the Western Coast of the Taiwan Straits,accounting for 61.40% of the total area,but the geographical distribution is very uneven,with obvious regional and elevation gradient difference;since1992,the forest has been dwindling in Economic Zone on the Western Coast of the Taiwan Straits,from 89 300 km2 in 1992 to 88 300 km2 in 2008;in terms of changes in region and elevation gradient,there is obvious difference in the forest,and the central and western forest of Wuyi Mountain tends to decline obviously;the main environmental factors influencing changes in forest pattern in Economic Zone on the Western Coast of the Taiwan Straits include temperature,sunshine hours,GDP per capita and precipitation;evaporation,evaporation and population density have weak effects on changes in forest pattern.