Cause Analysis and Countermeasures for Industrial CRISIS in Three Northeastern Provinces of CHINA

• 발행기관: J-INSTITUTE
• 저자명: Kang Ho-gu Monthinee Teeramungcalanon
• 간행물 정보: 『International Journal of Crisis & Safety』vol.2 no.1, 9~15쪽, 전체 7쪽
• 주제분류: 사회과학 > 사회과학일반
• 파일형태: PDF
• 발행일자: 2017.03.30

영문 초록

Recently, as the Chinese economy has focused on the decline in economic growth rate, economic restructuring, and assimilation of demand stimulus policies, the burden of maintaining the growth rate of the Chinese economy is increasing. Previously, the three northeastern provinces of CHINA once led the growth due to the rich the nat-ural resources and the Chinese government s policy support, but, after the reform and opening up, the three northeastern provinces have been falling rapidly in the comparative advantage or the share of GDP and stagnat-ing in comparison with other regions. In particular, after CHINA entered the New Normal in 2014, the Chinese government implemented supply-side reforms completely, and put the focus of this reform on overcapacity of heavy industry and reform of state-owned enterprises. As a result, the economic growth of the three northeastern provinces, where heavy industries and state-owned enterprises accounted for a large portion of the economy, has been falling, and this trend is becoming more serious. Based on the economic situation of the three northeastern provinces in 2016, this report analyzes the three aspects of industrial structure, corporate governance structure, and elemental resources, and chooses the three major causes of the economic CRISIS in the three northeastern provinces. First, there is a single industrial struc-ture. Among the regional GDP, heavy industries, that is, the resource-intensive industries, account for a large portion of industry, and the development of technology-intensive industries is far behind. Second, the proportion of state-owned enterprises is very high. In other words, the structural problem of a company directly affects production efficiency. Third, the outflow of human resources is very serious. Due to various problems such as low-level industrial structure, lack of policy support, lack of enterprise innovation environment, etc. of the three north-eastern provinces, high-quality human resources have escaped to other cities to find a better opportunity, which has hampered the development of high-tech industries in the region and further slowed down the advanced industrial structure. The analysis concludes that the three northeastern provinces should undergo fundamental reforms in terms of industrial structure and corporate governance structure, under the background of the strengthening of CHI-NA s supply-side reforms. First, in the aspect of industrial structure, the industrial structure should be diversified and the industrial structure should be upgraded. And, through improving the corporate governance structure, the efficiency of the local economy should be improved by converting the less efficient state economy into a more efficient private economy. It is necessary to establish local preference policies that can attract core human re-sources while solving the problems of industrial structure and corporate governance structure.

목차

1. Introduction

2. Economic Status of Three Northeast-ern Provinces of China

3. Causes of Economic CRISIS in the Three Northeastern Provinces of China

4. Policy Suggestions

5. References

키워드

Crisis Three Northeastern Provinces in China Industry Structure Corporate Governance Structure Human Resources