The Impact of Digital Finance on High-Quality Development of the Chengdu-Chongqing Economic Circle

This paper developed a comprehensive evaluation system that was able to quantify the levels of high-quality development across the cities within the Chengdu-Chongqing economic circle,and investigate the impact that digital finance had on the cities’high-quality development and the underlying mechanisms through which it achieved this.This comprehensive evaluation system was constructed using statistical data from these cities for the period 2014 to 2020 while also taking China’s high-quality development philosophy into account.The key findings revealed that:(a)Digital finance was able to significantly promote high-quality development in the Chengdu-Chongqing economic circle;(b)Digital finance had a significant positive effect in promoting innovative,coordinated,green,open,and shared development;(c)Digital finance was able to stimulate the high-quality development in the Chengdu-Chongqing economic circle by boosting entrepreneurial dynamism;(d)Digital finance had a significant impact on the high-quality development of the axis areas,while its impact was less discernible in non-axis areas.The insights from this research offer a deeper understanding of the factors that drive high-quality development,the role digital finance plays,and the mechanisms through which digital finance is able to propel high-quality development at the city cluster scale.

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.

Spatio-temporal Pattern Characteristics of Relationship Between Urbanization and Economic Development at County Level in China

The relationship between China’s urbanization and economic development(RCUED) is an important concern nationwide. As important actors in regional strategy and policy, county-level regions have played an increasingly significant role in the development of China’s social economy. However, the existing research on the RCUED lacks the fine depiction of the county-level administrative units.Using 2000 and 2010 census data and the statistical analysis method, we uncovered the evolution characteristics of China’s urbanization and economic development and conducted a quantitative identification for the RCUED with improved methods using the quadrant map approach. In addition, we investigated the spatial correlation effect of the RCUED using the spatial autocorrelation analysis method. The results were as follows: 1) In general, a high degree of matching exists between China’s urbanization and economic development at the county level at the significance level of 0.01. The correlation coefficients between China’s urbanization and economic development in2000 and 2010 were 0.608 and 0.603, respectively. 2) A significant regional difference exists in the RCUED at the county level. Based on a comparative analysis of 2276 county units in China in the two years, we found that county units can be categorized as under-urbanized, basic coordination and over-urbanized in various areas. No situation was observed where urbanization seriously lagged behind the economic development level, so the levels of urbanization and economic development appear to be basically coordinated,and the coordination state may be gradually optimized over time. 3) Over time, the spatial dependency of the RCUED has weakened and the spatial heterogeneity has increased. Northeast China has always been an area characterized by over-urbanization. The number of county units classified as under-urbanized has begun to decline in eastern coastal urban agglomeration areas, while counties rich in resources have transformed from having point-shaped over-urbanization to plane-shaped under-urbanization along the northern border,and the number of over-urbanized county units has increased in the middle reaches of the Yangtze River. 4)’Lag-lag’ type and ’advance-advance’ type accounted for 68% of all counties in China, and these counties were shown to have obvious spatial differentiation characteristics.

Revisiting the Relationship Between Urbanization and Economic Development in China Since the Reform and Opening-up

The relationship between urbanization and economic development has become a hot topic in the scientific community due to its great practical significance,and economic and social value.However,this relationship continues to change dynamically.In the new stage of urbanization,it is urgent to reveal the causal relationship quantitatively and diagnose the future direction systematically.Based on this,this paper calculates the contribution rate of China’s urbanization to economic development from 1978 to 2019 and uses the panel data cointegration test method to explore the causal relationship between urbanization and economic development in China.The study has three principal results.First,the contribution rate of urbanization to economic growth has maintained the overall growth trend from1978 to 2019,but the growth rate of urbanization’s contribution to economic growth has been relatively low since 2012.It is an important reason that the real estate sector has moved into a new stage of transformation.Second,the cointegration test shows that economic development is a significant factor in advancing urbanization and the urbanization is the product of economic development.Urbanization has a positive feedback effect on economic development,but this effect does not pass the 5%significance level test.The impulse response function shows that the impact of urbanization on economic development is relatively small and stable,indicating that it is limited that the boost of economic development by land-centered urbanization.Third,China’s urbanization and economic development have both shown rapid growth for some time,but their relationship is still the low level of coordination,which has also led to a downward trend in the contribution of new-type,people-oriented urbanization to economic growth in recent years.In the future,China’s urbanization and economy need to maintain relatively medium-low speed growth in the medium-long term,and we should boost the coordinated development of urbanization and economy from low level to high level.

Evaluation of Urban Development Quality Based on the Connotation of High-Quality Development: A Case Study of Guangdong Province

In this paper, based on the interpretation of the connotation of high-quality development, an urban development quality evaluation index system was established from six aspects of economic strength, the level of science and education, government management, resources and environment, the level of openness, and infrastructure, the entropy method and cluster analysis were used to conduct an empirical analysis of the quality of urban development in Guangdong Province, and relevant suggestions were proposed accordingly. The results showed that:(1) the level of science and education was the most important factor affecting the quality of urban development in Guangdong Province;(2) the quality of urban development in Guangdong Province was extremely uncoordinated;(3) cities with stronger economic strength had lower resource and environment evaluation;(4) cities of Guangdong Province could be divided into three categories: cities in a quality optimization stage, cities in a quality improvement stage, and cities in a quality lagging stage that could be further divided into three categories.

Research on the hierarchical structure of the metropolitan system and economic development of the provincial capital urban circle in Shandong

Regional development is the trend for future urbanization,and the urban circle is a highly efficient economic spatial pattern of regional development.This study selects statistical data of urban area population,GDP,and the output value of tertiary industry for seven cities in China- Jinan,Zibo,Tai'an,Laiwu,Dezhou,Liaocheng,and Binzhou- in the Shandong provincial capital urban circle from 2005 to 2009.It uses the principles and Zipf model,rank-size rule,and Lotka logarithmic model to analyze and study the hierarchical structure of the metropolitan system and economic development of the Shandong provincial capital urban circle.Based on the above research,this paper provides references for decisionmaking on enhancement of the metropolitan system structure,improvement in core city primacy index,the optimal adjustment of industrial structure and the optimal allocation of essential resources.

Coupling and coordination of provincial new urbanization and high-quality agricultural development in China, 2004-2018

The construction of a new type of urbanization is a necessary path for the development of modern cities,and a powerful support for coordinating the balanced development of urban and rural areas and promoting high-quality agricultural development.Based on the panel data of 30 provinces in China from 2004 to 2018,the article constructs a new urbanization and agricultural high-quality development evaluation system;then using the coupling coordination degree model and the spatial correlation analysis method,the paper empirically tests the coupling coordination of the two systems degree and its spatial relevance.The results of the study show that the average level of coupling and coordination between new urbanization and high-quality agricultural development in the period under study is at a barely coordinated level,with the highest level being moderately coordinated.There are significant inter-regional differences,with a higher level of coupling and coordination in the eastern regions and more room for improvement in the central and western regions.At this stage,the trend of"club convergence"is remarkable,with highhigh agglomeration and low-low agglomeration coexisting,and the polarization is serious.Therefore,comprehensively promoting the rural revitalization strategy,adhering to the integrated development of urban and rural areas,and enhancing inter-regional collaborative governance are powerful measures to promote the joint progress of new urbanization and high-quality agricultural development.

Cooperative Game Among Cities in Urban Agglomerations and Economical Sustainable Development

This paper analyses redounded profits of cooperation and non-cooperation among cities in urban agglomerations based on game theory. It discusses the problems of economical development among cities with feeble cooperation, and deduces the conclusion that only cooperation of cities produces the maximum profits and realizes Pareto efficiency for cities and urban agglomerations. The paper states that cooperation is the cornerstone of economic sustainable development in urban agglomerations in profits produced by cooperation among cities. Some suggestions to accelerate cooperation among cities are proposed.

Empirical Study on the Relationship between Economic Development and Urban Construction Land in China: Based on the Panel Data of Provinces

The panel data of 31 provinces,cities and autonomous regions was used in order to test the relationship between economic development and urban land. The result showed that the sequences of economic development and urban land were in accordance with first order integration. Secondly,there was cointegration between economic development and urban land and the cointegration equation illustrated that 10% of increase in GDP per capita would drive 4. 94% of expansion in city construction land. Thirdly,according to error correction model,economic development is the Granger cause of urban land expansion in the long term while the reverse relationship was not proved. In short-term,economic development and urban land expansion were Granger causes of each other. The long-term equilibrium can only regulate the short-term imbalance of urban land,arriving at 33. 83%. Therefore,the government should formulate related policies to encourage real estate developers and enterprises to increase land utilization efficiency,strictly control the increase of urban land and regulate short-term imbalance.

Urbanisation and Economic Development in Bosnia and Herzegovina

The fundamental characteristics of urbanisation and economic development of Bosnia and Herzegovina at the end of 19th, and at the beginning of 20th century, have been discussed in the paper. The recent developmental urban processes have been considered through three groups of indicators： demographic, regional and socio-geographic development. Based on results of the surveys conducted in the regional economic centres in Bosnia and Herzegovina in 2011, a development of urban functions in the urban centres has been shown. It has been proved that the dominant tertiary activities have a big importance and an intensive influence on urban and economic development in all urban settlements. The research included a theoretical part within which the literature on urban and economic development of settlements has been searched. For needs of the research, eight economic centres in Bosnia and Herzegovina were chosen. Analysis of the obtained results shows a different level of urbanisation in Bosnia and Herzegovina with particularly separated larger and asymmetrically distributed urban centres： Sarajevo, Tuzla, Mostar, Banja Luka, Zenica, and Biha6. The mentioned urban and economic centres are distributed along the major traffic communications. The settlements in east and west part of Bosnia and Herzegovina, in which a traffic network is poorly developed, have a lower urbanisation level. The obtained data proved the existence of a traditional difference and a different level in development of particular regions and total economy in Bosnia and Herzegovina. Low urbanisation level of a large number of settlements in Bosnia and Herzegovina, is in direct connection with economic development and density of those settlements. The achieved urbanisation level with an overall economic development is characteristic of Bosnia and Herzegovina and of the other countries in its surroundings as well.

Measurement of Urban Economic Gravity of China’s Three Major Agglomerations and Its Implications for the Coordinated Development of the Beijing-Tianjin-Hebei Region

This paper adopts the perspective of urban economic linkage and the modified urban economic gravity model to conduct a comparative analysis of the economic gravity among cities in China’s three major urban agglomerations,including the Beijing-Tianjin-Hebei region,the Yangtze River Delta,and the Pearl River Delta.The results show that,despite the ever-tightening economic linkages among cities in the urban agglomerations,the development of the Beijing-Tianjin-Hebei region falls behind that of the Yangtze River Delta and the Pearl River Delta in terms of coordination,closeness,and balance.The economic linkages among cities in the Beijing-Tianjin-Hebei region are not as cohesive as they could be and display a significant“siphon effect”through Beijing and Tianjin as well as a prominently unidirectional economic flow.This study suggests that efforts should be put into directing the orderly flow of resources from Beijing and Tianjin to cities in Hebei and promoting a balanced economic flow among cities,thus facilitating the coordination of regional development.

The Study of Urban Planning Decision-Making in the Background of Rapid Economic Development —— A Case Study of Shanwei City

Urban planning decision-making is an activity for the decision-makers to collect information, judge function of cities, select project and make policy which is ainaed at the problem of urban planning that have taken place, is taking place and will take place. Using historical review and comparative analysis, the articles summarizes planning decision-makings of Shanwei city and it＇s problem, and makes some suggestions to urban planning decision-making system of Shanwei city in the new period.

Research on the coordination of the urbanization level and the economic development in China

At present, part of the local government officials who like to do grandiose things to impress people blindly promote the development of the real estate, resulting in the gap with the population migration, so many ghost towns are born. In addition, while building the local infrastructure of some of the districts, they also ignore the problem of the rational allocation of their own financial funds. Visibly, the implementation of the coordination between the two will help make China＇s urbanization level advancing in the health and right directions.

Research on Urban Agricultural Scientific Development Path of the Construction of Central Economic Region

The significance of developing characteristic agriculture in Central Economic Zone was elaborated from four aspects of three modernizations coordinated development,guaranteeing city supply of agricultural products,creating more jobs for farmers,making agriculture more significant. The existing problems in urban agriculture development were analyzed,such as understanding deviation,extensive development,market confusion,short industrial chain,low degree of specialization,harsh environment. Several corresponding countermeasures were put forward,including giving full play to the role of government's macro-control; perfecting compensation mechanism of urban agriculture,developing characteristic agriculture,promoting deep processing of agricultural products; advancing scientific innovation,improving production efficiency;operating sustainable ecological agricultural development road; relying on traffic advantage,promoting industrialization operation and urban agricultural logistics development.

Factor Price Distortion,Technological Innovation,and High-Quality Economic Development

The entropy method is used to measure the high-quality economic development levels of 30 provinces(autonomous regions,municipalities)in China from 2011 to 2020,and the impacts of factor price distortion,technological innovation,and their interaction terms on high-quality economic development are analyzed based on Tobit regression.The results show that highquality economic development of 30 provinces(autonomous regions,municipalities)in China is on the rise;factor price distortion has an inhibitory effect on high-quality economic development,while technological innovation has a promoting effect on high-quality economic development,and both of them have a lag effect;technological innovation level can help alleviate the negative impact of factor price distortion on high-quality economic development;and sub-regional research shows that the inhibitory effect of factor price distortion on highquality economic development in the east is significantly higher than that in the central and western regions,but the positive effect of technological innovation and the interaction terms between the two on high-quality economic development is significantly lower than that in the central and western regions.Accordingly,it is proposed to optimize top-level design for the two-wheel drive for high-quality economic development,strengthen the primary role of enterprises in innovation to promote high-quality economic development,and optimize the market-oriented allocation of factors to improve the efficiency of resource allocation.

Economic Growth Expectation Targets,Elastic Constraints,and High-Quality Economic Development

Based on the panel data of 30 provinces(autonomous regions,municipalities)in China from 2006 to 2019,the empirical study finds that the target values of economic growth expectation can promote high-quality economic development,and there is an inverted U-shaped relationship between elastic target constraints and high-quality economic development.The elastic constraints can reduce the investment rate and improve the total factor productivity(TFP),which promotes high-quality economic development,but its mediating effect accounts for a small proportion.With the improvement of the marketization degree,the inhibiting effect of elastic constraints on high-quality economic development reduces.The analysis of the heterogeneity between the new or old normal and the levels of economic development shows that in the future,developed regions should set high target values and low elastic constraints,and underdeveloped regions should set high elastic constraints on the target values of economic growth expectation.

Development Strategy of Urban Cultural Scene to Promote the Upgrading of Regional Cultural Consumption in Shaanxi

Regional cultural patterns and characteristics play a positive role in economic and social development.By planning and constructing cultural amenities and creating cultural scenes,the spatial quality and quality of life in a region can be enhanced,facilitating the expansion of cultural consumption.Shaanxi,with its rich historical and cultural resources,positions the capital city of Xi’an as a“world historical city”,boasting a vast number of cultural amenities represented by“cultural facilities”,“cultural activities”,“cultural experiences”,and“cultural services”.The development of urban cultural scene,with the aim of promoting the upgrading of regional cultural consumption in Shaanxi,requires comprehensive planning and a multifaceted approach,particularly in integrating provincial cultural scenes,clarifying the positioning of cultural scenes,innovating cultural scene experience projects,creating cultural scene intellectual property(IP),and empowering cultural scenes through the application of science and technology.

Evaluation of coordinated development of regional resources and economy around Shandong Peninsula urban agglomerations

Promoting coordinated development of resources and environment is an important aspect of building a harmonious society and ecologically sustainable civilization. Here we provide scientific basis to promote the development of ecologically sensitive civilization, via a mathematical statistics method that calculates the degree of coordinated development. This model is of great practical and social significance, providing strength to research around coordinated development of resources and economy. Based on evaluation of characteristics of the present resource environment and economic development of Shandong Peninsula city group, a coordinated measure of resource environment and economic development was calculated. Overall, the highest coordination measurement was found for Weihai, followed by Yantai, Qingdao, Ji'nan, Weifang, Rizhao, Zibo and Dongying. According to evaluation results of coordination measures for each city, we put forward suggestions for sustainable development of Shandong Peninsula region.

Structural Transformation,TFP and High-Quality Development

In this paper,we performed an empirical study on the TFP effect of structural transformation based on panel data of economic growth in 169 countries across the world.Our findings are threefold:First,structural transformation has an inverted U-shaped effect on TFP.When the degree of structural transformation is on the left side of the inflection point,structural transformation is conducive to softening industrial structure and inducing TFP;when the degree of structural transformation is on the right side of the inflection point,structural transformation will induce industrial hollowing out and inhibit TFP.Second,since the reform and opening up program was launched in 1978,China’s structural transformation has evolved from the stage of adaptation to the stage of strategic adjustment with an increasingly evident trend towards a service-based economy,but structural transformation remains on the left side of the inflection point of the inverted U-shaped curve,i.e.the TFP effect of structural transformation is positive.Third,TFP improvement lies at the heart of high-quality development.In pursuing high-quality development,China should lower growth rate expectations,attach greater importance to supply-side structural reforms,and accelerate structural transformation to promote TFP improvement.

Efficient Resource Allocation to Take Center Stage in China's Economic Development

China has basically succeeded in its quantitative catch-up with advanced economies and has now entered into a new stage of economic development focused on the greater efficiency of resource allocation. In order to achieve the objectives of the 13th Five-Year Plan for National Economic and Social Development, efforts must be made to reform the ＂petty-farmer＂ economic mode of production while promoting specialization, modernization, and economies of scale. The restructuring and upgrade of the manufacturing sector should be focused on existing industries and the development of high-end industries while maintaining China＇s comparative advantage in narrowing technology gaps with advanced economies. The goal should be to transform China from a large industrial manufacturer into a competitive one. Technological innovation should be based on demand, supported by projects, carried out by firms through the social division of labor, and work to increase the capacity of la^e enterprises to integrate the results of innovation. Materialized labor consumption and logistical costs must be reduced, and the quality and level of urbanization must be increased. To assist productivity development, urban citizenship should be granted to rural migrant workers. In addition, the urbanization of those who remain in the countryside should be promoted in order for rural populations to enjoy the benefits of industrially robust, technologically modern and ecologically sound civilization.