Comparative study on foreign trade development patterns of the Yangtze River Delta and the Pearl River Delta
Shi¡¯e Zhu () and
Rudai Yang ()
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Shi¡¯e Zhu: Business School, Xiangtan University, Xiangtan 411105, China School of Economics, Central University of Finance and Economics, Beijing 100871, China
Rudai Yang: China Center for Economic Research (CCER), Peking University, Beijing 100871, China
Frontiers of Economics in China-Selected Publications from Chinese Universities, 2009, vol. 4, issue 2, 228-249
Abstract:
Based on a massive collection of data, this paper tries to make a detailed comparison between the foreign trade development patterns of two export-oriented regional economies: the Yangtze River Delta and the Pearl River Delta. It is shown that both of the deltas have made spectacular progress in foreign trade development. However, the Yangtze River Delta is catching up with the Pearl River Delta, and China¡¯s foreign trade development pattern has changed in recent years from a Pearl River Delta-dominated foreign trade environment to a situation in which the Pearl River Delta and the Yangtze River Delta together dominate China¡¯s foreign trade. The primary difference in the foreign trade development patterns of these two deltas is that foreign trade in the Pearl River Delta relies more on processing trade, while that in the Yangtze River Delta is more government-oriented with special political zones playing a significant role in its foreign trade.
Keywords: the Yangtze River Delta; the Pearl River Delta; foreign trade development pattern (search for similar items in EconPapers)
JEL-codes: F01 F10 O57 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:fec:journl:v:4:y:2009:i:2:p:228-249
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