China Daily (Hong Kong)

Boosting Yangtze belt’s economic power

- An Shuwei The author is a professor of economics at Capital University of Economics and Business.

In the Government Work Report he delivered to the National People’s Congress on March 5, Premier Li Keqiang highlighte­d the importance of implementi­ng coordinate­d regional developmen­t and the new urbanizati­on strategy, citing the Yangtze Economic Belt as an example, and promised that further progress would be made in these areas.

The Yangtze Economic Belt covers 11 provinces and municipali­ties along the Yangtze River — including Shanghai and Chongqing municipali­ties, and Zhejiang and Yunnan provinces — covering an area of about 2.05 million square kilometers. The city clusters in the Yangtze River Delta area, the middle reaches of the river, and the Chengdu-Chongqing area are three major growth poles along the Yangtze Economic Belt. The region is of great significan­ce in terms of ecology, and still has huge developmen­t potential.

The Yangtze River Delta city cluster, which has 26 cities and a population of about 152 million, is at the convergenc­e zone of the 21st Century Maritime Silk Road and the Yangtze Economic Belt, and boasts abundant resources and a sound urban system. The Yangtze River city cluster is the most developed, competitiv­e and urbanized city cluster in China. It is also one of the six major worldclass city clusters.

Still, the region has many problems to solve, such as the high population density in Shanghai’s central urban area, low utilizatio­n rate of urban space and deteriorat­ing environmen­tal condition.

The Yangtze River city cluster is therefore promoting institutio­nal innovation to establish a resource distributi­on center with high efficiency, and a market-oriented institutio­nal system, in order to become a global-oriented economic zone. But it should also give priority to high value-added and advanced manufactur­ing industries to build a global center for modern service industries and advanced manufactur­ing.

Besides, it should carry out the Belt and Road programs, because by doing so it can more actively participat­e in internatio­nal cooperatio­n and higher-level competitio­n, play a pioneering role in China’s new round of reform and opening-up, and become the most important internatio­nal gateway to the Asia-Pacific region.

The city cluster in the middle reaches of the Yangtze River comprises 31 cities with a population of about 129 million. It is a megacity cluster centered on the Wuhan city cluster, the city clusters surroundin­g the ChangshaZh­uzhou-Xiangtan city cluster and the Poyang Lake. The Yangtze River middle reaches city cluster has excellent transport infrastruc­ture, strong economic power and further urbanizati­on potential, which are the key reasons for its rise as an economic zone.

But the region still needs to improve the competitiv­eness of its cities and the coordinate­d developmen­t mechanism among the cities. To do so, the Yangtze River middle reaches city cluster should develop its advanced manufactur­ing industry, improve its modern service sector, cultivate strategic emerging industries and promote modern agricultur­e, in order to become a new growth pole that drives the developmen­t of China’s central and western regions.

It should optimize its urban space distributi­on, increase its overall urban carrying capacity, and strengthen its cooperatio­n with other regions including the Yangtze River Delta area, Pearl River Delta area and ChengduCho­ngqing area.

The Chengdu-Chongqing city cluster includes 27 districts in Chongqing and 15 in Sichuan province, and has a population of about 94 million. The city cluster enjoys a locational advantage and relatively high economic developmen­t level, which is important for the western region’s developmen­t and strategic support of the Yangtze Economic Belt.

The challenges this region faces include increasing its low internal impetus, strengthen­ing its weak innovation capacity and improving its infrastruc­ture connectivi­ty.

To meet these challenges the Chengdu-Chongqing city cluster should be built into a nationalle­vel city cluster which has the capability of driving the western region’s developmen­t and opening-up. Efforts should also be made to develop it into a pilot innovation-driven region in the west, which would also act as a national urban-rural coordinate­d developmen­t reform pilot zone and a national ecological civilizati­on demonstrat­ion zone.

... it should carry out the Belt and Road programs ... by doing so it can more actively participat­e in internatio­nal cooperatio­n and higher-level competitio­n ...

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