International Journal of Business and Social Science

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

Warning and Enlightenment of the Economic Development in Resource-rich Regions to China
Juanjuan Hao

Abstract
For a long period the resource-rich regions have made huge contribution to the development and construction of China’s national economy; however, many drawbacks and problems have gradually been exposed in the economy of such regions. The level of development in resource-rich regions is lower than that in resource-poor regions. Against this background, after analyzing core-periphery theory, deteriorating trade terms theory, Dutch Disease theory, the resource curse theory and using for reference the development experience of developing countries and Shanxi region of China, this article proposes policy suggestions related to taxation mechanisms, resource production control, resource development fund and ecological environment compensation mechanism.

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