China’s high-quality economic development: The industrial structure and upgrading approach / Tao Miaomiao

• Main Author: Tao , Miaomiao
• Format: Thesis
• Published: 2022
• Subjects: HC Economic History and Conditions
• Online Access: http://studentsrepo.um.edu.my/15326/1/Tao_Miaomiao.pdf; http://studentsrepo.um.edu.my/15326/2/Tao_Miaomiao.pdf; http://studentsrepo.um.edu.my/15326/

China aims to promote its economy into a new stage of high-quality development by limiting the mismatches between the economic structure, the polarisation of social income and environmental deterioration that has restricted the sustainable development of China's economy. Industrial structure transformation and upgrading are crucial for China to achieve high-quality economic development in the coming era. This study has sought to measure the performance of China's high-quality economic development from a temporal-spatial perspective. This study used panel data from 30 of China's provinces and the ''Five new development concepts'' to assess China's high-quality development to model the effect of the industrial structure and upgrading on China’s high-quality economic development. The five subsystems comprise; innovative development, coordinative development, green development, open development and sharing development, which has allowed this study to construct a comprehensive index determined by a combined weighting determination procedure. The index construction was followed by analysing China's high-quality economic development based on temporal-spatial perspectives. This study applied the cluster analysis method to classify China's 30 provinces into 12 groups based on the performance of high-quality economic development using absolute, relative, and fluctuating scores. This study used Moran's Index and Moran scatterplot to analyse the spatial distribution characteristics of highquality economic development and the Geo-detector method to identify the heterogeneity of high-quality economic development among China's three economic zones. In contrast, the Cloud model has allowed mapping of China's industrial structure rationalisation and upgrading distribution characteristics and its composite systems to measure China's industrial structure transformation and upgrading. The impacts of industrial structure upgrading, rationalisation, and composite systems on high-quality economic development were assessed by adopting the Spatial Durbin Model from national and regional perspectives. China's economy has gradually pursued a high-quality development pattern with an annual growth rate of 0.459%. However, the results showed that China's regional economic development had not followed a high-quality development path, with an average value of 0.219 indicating regional imbalances. High-quality economic development was low and regional differences were significant. Specifically, the high-quality economic development level in the central and western provinces was relatively backward compared to Eastern China. In the meantime, the spatial autocorrelation of the high-quality economic development index decreased yearly. Besides, this study indicated that the eastern region's industrial structure transformation and upgrading distribution characteristics were better than the central and western areas. Finally, the industrial structure upgrading, rationalisation, and composite systems positively affected high-quality economic development nationally and for the eastern and central regions but negatively affected the western region. This study has provided fresh evidence concerning the role of China's industrial structure transformation and its upgrading toward high-quality economic development, fulfilling a research gap. The study's results can aid China in solving its development dilemma, thereby sustaining inclusive economic development.