International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

 

Comparison of Internationalization Promotion Patterns of Region Economic Growth in China
Yao Limin, Wang Linyunun

Abstract
Internationalization patterns promote economic growth by the impact on factors efficiency. China's economic growth pattern that depends on exports and factors investment has suffered the dual pressures at home and abroad. By the empirical economic data from 1997-2008, this paper tests the economical promotion patterns in eastern, central and western region in China from a two-dimensional views of the internationalization evolution (import-driven, FDI-driven, export-driven) and the promotion mode of economic growth (the traditional factors promotion, innovative factors promotion, internationalization pattern promotion). The Comparative research shows that FDI effect on the economic growth in eastern region is very limited which is mainly based on export-driven while innovation effect has appeared; the export effect and innovation on economic growth in western region are very limited which is mainly based on import-drive; with the relatively balanced relation between three internationalization patterns’ effects on the economic growth in central region, innovation effect is very limited. Research has concluded that the internationalization promotion effects on economic growth are closely related to the level of economic development and the stage of industrialization. Import, FDI, export and ODI have different roles and status of economy promotion in different areas and stages. Internationalization patterns drive and factors drive in economy growth in three regions present clear their stages change. Regional difference of internationalization promotion patterns reveals the adjusting direction of internationalization policy and strategy in eastern, central, western region.

Full Text: PDF