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The Impact Of Investment Policy On Regional Economic Patterns In China

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  • Yongling Yao

Abstract

Investment policy seeks to alter the structural conditions of a country's economy to create new regional patterns for national economic development. Since the 1979 Open Door policy in China, there have been four distinct periods of investment policy reform. These periods are the Initial Stage, Adjustment Stage, Framework Establishment Stage and Stage for Development of Central-Western China. During each period, the policy implemented created new structural con­ditions for economic resources and shaped regional economic patterns. This paper discusses the impact of investment policy on regional economic patterns by analyzing alterations in investor composition, industrial structure and investment spatial distribution during each period respectively.

Suggested Citation

  • Yongling Yao, 2003. "The Impact Of Investment Policy On Regional Economic Patterns In China," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 8(3), pages 327-353.
    • Handle: RePEc:taf:rjapxx:v:8:y:2003:i:3:p:327-353
    DOI: 10.1080/13547860306288
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    Cited by:

    1. Chen, Anping & Groenewold, Nicolaas, 2013. "Does investment allocation affect the inter-regional output gap in China? A time-series investigation," China Economic Review, Elsevier, vol. 26(C), pages 197-206.

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