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The Characteristics and Dynamics of China's Macroregions

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We have learned in class that China can be divided into several macroregions. Briefly describe the characteristics of each of these macroregions and the dynamics between them, then answer the following questions: 1. What role did each macroregion play in China’s economic growth so far? 2. What is the main challenge facing each macroregion? 3. We discussed in class the turning points that China now facing. Given these turning points, how should each macroregion respond to the “new norm”? no less than 1400




According to the powerpoint and the two pictures I provided, answer the questions, citing source from internet is allowed.



The Turning Points in China's Development• The economic center of gravity shifted steadily toward the coastal regions for decades, but the coastal share peaked in 2006 and the center of gravity is now slowly shifting inland (chapter 2).
From being one of the world's largest host countries for inward foreign direct investment (FDI), China has become a large source of outward FDI (chapter 17).
Income inequality, which had increased relentlessly to a peak Gini coefficient of 0.49 in 2008, has finally stabilized and begun a moderate decline (chapter 9).• Some long-established policies have begun to change as well:
The One-Child Policy, in place since 1980, was finally abolished and replaced in 2016 by a general two-child policy (chapter 8).
China stopped taxing farmers and began to subsidize and protect agriculture (chapters 6,12).
The long-term process of rebuilding a social safety net, including health insurance and universal education, was undertaken in earnest after 2005 (chapter 20).ECN 310 The Chinese Economy9/20/1938



The Turning Points in China's Development• Labor force growth had been robust as late as the 1990s, but gradually ceased and went into reverse after 2011 (chapters 8 and 9).
Rural-to-urban migration had accelerated until 11 million new migrants were annually moving across provincial boundaries in the 2005-2010 period, but from this peak migration has dropped to less than 5 million annually in 2010-2015, and continues to fall (chapter 6).
Exports as a share of GDP increased for three decades to a peak in 2006, and have declined steadily since to about half their peak level (chapter 16).
The share of manufacturing in GDP peaked in 2007 at 33% of GDP and investment plateaued from 2010 through 2013 at 45% of GDP. Both have now begun to drift downward (chapter 7).ECN 310 The Chinese Economy9/20/1937

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China Economy
Introduction
China’s economy is ranked as the second position with an insignificant gross domestic product (GDP). The China economy was also ranked the first position by procuring power equivalence. China’s economy had been growing tremendously with an average of 6 % for 30 years until 2015. The public sector in China accounted for the largest share in the economy of the country than the private sector. China was ranked 71rd on the basis of per capita income in 2019 according to the international monetary fund (IMF). This economic growth was also contributed by naturally occurring resources which were rare elsewhere worth 23trillion dollars and coal and metal mining which accounted for 90%. China also possessed the largest banking sector and most of the billionaires are found there (Yang and Han 120). The aim of this paper is to highlight the macro-regions and the role the played in the growth of China's economy, the challenges they faced and the turning point of macro-regions in the economy of China.
China Macro Regions
China territory can be divided into several macro-regions on the basis of its topography. Each region grew tremendously and spread to many provinces which are densely populated with sparse populations in the hilly areas.
Lower Yangtze Macro-Region
Lower Yangtze is another macro region which the most developed part of China. This region played a big role in the economy of China, the Yangtze River supplied the region with enough water for irrigation, transport, industry, sanitation and marking the boundary. Delta in the river Yantagze contributed 20% of the growth of GDP in the China economy. Besides, the dam has produced hydroelectric power which is clean, renewable and self-sustaining energy. The Yangtze water reservoir was deep enough for easy navigation that contributed to the economy. As a result, trading activity is expected to increase in south China while the cost of transportation will reduce by 35.5% (Ding, et, al 465). Upper Yangtgz being a huge inland basin was surrounded by mountains and was very fertile and has a dense population. Which accounted for 10% for total GDP in 2015.
Challenges Facing the Yangtze Macro Region in the Economy of China
There is frequent flooding along the river, which has caused a lot of damages to land, homes and other properties. As a result, a lot of money has been used to control the flooding. A lot of money is lost as the fertile land is inundated as about the 10% land that is flooded contributes a huge loss, ultimately resulting in the importation of grain in the region rather than exporting hence decreasing the country's income. Construction of the dam also affected the fishing activities as many fish could not migrate to the upstream to spawn. This affected the local economy and the lives of the fishermen who depend on farming. (Ding, et al 465)
China Maritime Macro Region
North, Northeast and Lower Yangtze accounted for 50.5% of national GDP together in 2015. The remaining part of China particularly the middle and the upper Yangtze and maritime china were less integrated into an economic system as a single macro economy. This integration contributed to the economy as farming took place especially in the middle Yangtze which contributed 10.4 % of the GDP in 2015, the maritime china was the homeland for the Chinese who had left China. This region grew rapidly since it served as a dual-core for the china maritime. Between the periods of 2012- to 2017, China maritime contributed10 % of the total GDP in china as recorded by China’s officials' government thus, contributing to about 10 percent of China’s total gross domestic product. This immense growth in china’s maritime is as a result of the development of tertiary sectors such as tourism and transport industries (To and Lee 4844)
Challenges Faced the Economy in the China Maritime Macro Region
Fishery stock collapsed drastically by 90 % as the area that is next to the waste disposal site never controlled pollution the economic return should be checked in relation to the effect of the health of in China. The government had set policies such as levying high taxes on marine pollution resulting in a decrease in the earning obtained from maritime (Parsyak 1. Another challenge is difficulty in measuring the overall distribution of the maritime in the China economy as there are inclinations of the overall marine economy as the use of multi-factor production that was used to collect by the data was not accurate. All deductions were made on the proportion of the maritime economy to the China GDP (Parsyak 1)
North East (Manchuria) is also another macro-region in China. Occupants in this area practiced mixed farming such as diary keeping, fishing, and hunting. Nomadic pastoralist occupied the grassland reg...
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