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Construction of Infrastructure Multiplicity and Coordinated Development of China’s Regional Economy |
LI Shan-shan1, SUN Jiu-wen2, HU An-jun3 |
1.Research Institute of Finance, Central University of Finance and Economics, Beijing 100098, China 2.School of Applied Economics, Renmin University of China, Beijing 100872, China 3.Institute of Quantitative & Technological Economics, Chinese Academy of Social Sciences, Beijing 100732, China |
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Abstract Infrastructure construction is an important means to build regional economic layout and territorial space system with complementary advantages and high-quality development so as to promote coordinated regional development. As China enters a new stage of building a socialist modern country in all aspects, the strategy of promoting coordinated development of regional economy through infrastructure faces new practical challenges, requiring further clarification of the connotation of infrastructure and its development laws. On the basis of distinguishing the policy, capital, and industrial attributes of infrastructure, this article analyzes from the national, regional, and local scales and shows that infrastructure construction has differentiated effects on coordinated development of regional economy and the shaping of spatial development patterns. In particular, the accumulation and rise of invisible capital cultivated by infrastructure have led to the divergence of regional development paths and the gap in regional development capabilities. Therefore, to promote the coordinated development of the regional economy through infrastructure, it is necessary to innovate regional cooperation modes through the construction of new infrastructure, to narrow the gap in development capabilities between regions through the cultivation of invisible capital, and to coordinate spatial development momentum through multi-dimensional policy coordination.
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Received: 22 May 2024
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