Regional growth of the Chinese economy

TL;DRAbstract

The objective in this thesis is to analyse the growth of China's three major regions and of China itself. The study is motivated by apparently divergent rates of growth in the eastern (coastal), central and western regions of China. The East is modifying its economy at a faster rate and although there is an element of modernisation in the central provinces, the West remains a more traditional economy, rich in resource endowments, but in need of large infrastructure investments to progress into the future. An introductory chapter (Chapter 1) is followed by an overview of the recent development of China (Chapter 2) which culminates in the identification of the year 1978 as the benchmark year in China's recent development. The doors of the Chinese economy were opened in this year, inward foreign direct investment (FDI) was welcomed and export expansion encouraged. The major conclusion from this overview is that 1978 was an appropriate starting point for the analysis of regional developmen

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