How China Implements Its Geo-Economics Perspective Between the Coastal and Rural Regions?
Abstract
In this research paper, there is the analysis of China’s increasing Geo-economic situation; that’s how China focused on Geo-economics perspective between the coastal and rural regions and got the particular national benefits. However, in this paper, there is discussion regarding the Chinese economic developments abroad as the country gets success around the world. With the insight of Geo-economics reliable resources, the paper analyzes the interest of the China development in the coastal and rural regions. The country focuses on implementing an effective industrial policy and increasing its export and strategic trade of China between the coastal and rural regions; through these strategies country China is growing in terms of its Geo-economic. The paper focuses on investigating through the literature review that how China is getting success through Geo-economics perspective.
Introduction
The paper focuses on the Geo-economics’ and explores that how the global corporations of the county are concerned with the world scale competitive issues; it is analyzed that China is managing its position in the global competitive market and taking some strategic decisions. However, for attaining sustainable competitive advantage, China is concerned about globalization which is done by enhancing the interaction of the Geopolitical parties. With the transformation of political beliefs, China is more concerned with tangible economic practices. The power of China lies with its economic importance and presence in the geopolitical regions around it (Momani, 2016).
China’s fast growth resulted in its development; as focused on the Geo-economics perspective between the coastal and rural regions; it can be noticed that China is more concerned on the regional growth and in this way; the country is shaping the growth paths through the preferential policy. Therefore, for the coastal and rural regions, the transportation infrastructure was focused with the closeness to coastlines, and the country implemented the policies through the Open-Door Policy (ODP). The coastal regions of China are getting importance through this preferential perspective of economic growth. China is concerned about the geo point of view with the development of the coastal and rural regions as there was a focus on the reform in 1978 until early 2000.
China is focusing on the growth of its economy by giving importance to the transportation network in the rural and coastal regions. China for the development of the coastal and rural regions focuses on the development of the provinces and coastal provinces by economic, social and development and through effectively focus on the strategies so that there could be a benefit in the western regions. China is more worried about monetary practices. In one way, China had opened its strategy already by the launch of the ping-pong diplomacy in 1971 followed by the whirlwind of the Richard Nixon visit to Beijing in 1972(Kueh, 2012). Both of the events happened before the promulgation of the reform and opening up strategy which celebrated the Third Pleum in 1978 for the National Congress Party. Economic integration was primarily the process of unification which imposed coherence on the lastly disparate, separate geographical regions. It has been pursued as a domestic as well as the international goal. The recent creation of the regional formal economic identities like that of European, North American and Asian Pacific forums of NAFTA, EC and APEC has been considered as a threat to the truly integrated global economy.
The transportation facilities are concerned or noticed in the country which slowly resulted in the preferential policies. China for the advancement of the beachfront and provincial, district centers on the improvement of the areas and seaside regions by monetary. These geographic features resulted in the coastal and rural region’s economic development by implementing effective policies. The economic rise of China since the 1980s has been unprecedented in its breadth and speed. Being the most populated country in the world, its share of economic output has only increased regarding the purchasing power parity. The share of China’s global trade has increased from 1% to 12% from 1980 to 2010. The entrance of China into the global stage has created friction in foreign investments, trade, finance, competition for natural resources, and intellectual property rights (Dahlman, 2011). Geo-economics perspective between the coastal and rural regions is the result of infrastructure build-up and economic development as well as the pure geographic endowments.
Research question
Regarding the research question of the paper, the paper focuses on how China implements its geo-economics perspective between the coastal and rural regions?
The objective of the study
The objective of the study is to analyze the tactics that China used so that it can implement its Geo-economics perspective between the coastal and rural regions. The objectives are accessing the policies, strategies and decision-making process that help the chain to grow or produce in the international market and to analyze the benefits related to overall control that how the country is implementing the effective industrial policy and increases its export and strategic trade.
Expected outcomes
The expected outcomes of the current research are to get knowledge of the China levels of bureaucracy and effective decisions or strategies that the country focused on implementing the implements its geo-economics perspective between the coastal and rural region. There will be a focus on the pragmatism of the Western practices by China. China has the benefits of Geo-economics perspective between the coastal and rural region as a country in the Global Economy dealing and getting the advantages related to modern finance, and there is value for the society.
Aim of study
The expected question aims to answer regarding the implementation of the Geo-economics perspective in the coastal and rural region, and there will be a focus on the industrial policies and export as well as the strategic trade of China. The research focus to analyze the Chinese integrates leaders that how they are successfully fulfilling the demands of the various countries and providing the benefits of the Western Worlds.
A good explanation for the growth experience of the China economy should be capable of explaining the well-known success of China along with its failings as well. The rising disparity of income, the weak financial sector and the limitations on the private sector are some of the failings of the Chinese economy which it has to pay for such a role. The main focus of the Chinese story is that China has reversed many of the highly productive rural experiments and its policies which were introduced in the 1990s. The Chinese policymakers favored the cities for investment, and rural areas were taxed to finance the urban boom. The rural administration was centralized in the 1990s, and limitations on rural entrepreneurship were put instead. Capitalism with the Chinese characteristics is the name of political balance between the two varying Chinas: market-driven rural China and the state-led urban China (Huang, 2008).
The current paper explains Geo-economics and the Industrial Policies that the china used for the expansion geo-economics perspective between the coastal and rural regions; there is the progressive development of the country, as the country is political sensitivities (Kroeber, 2016). However, it is known that from the geo-economic perspective between the coastal and rural regions, there are subordinate organizations that are concerned about the infrastructure growth through huge exchange and reserve funds. The changing politico-monetary substances resulted in the growth because of the effective industrialist framework.
Literature review
Geo-financial matters
According to the research conducted by the Zvirgzdiņš, Plotka, & Geipele (2018), economic theories are based on classical economic theories. However, the challenge is to build good models which are required to define the exact value of the Earth which is not definable. More often the national GDP calculation is based on the same performance indicators in which the income distribution systems and the resource distribution systems are not inherently linked to the production factors. It is mainly linked with the lower productivity that is associated with the execution of the profit plans, the sales plan, and the increase in the market share, the profitability level, the personnel turnover rate and the hours worked by employees. Any changes in the economic models are led by the new innovative growth trends as dependent on the customer motivation associated with the concentration of capital in the national and regional markets (Sun, 2013). Geo-financial matters viewpoint between the coastal and rural regions and the consequences of framework development and monetary improvement and the unadulterated geographic enrichments. There could be an increase in market share if countries focus on the economic structures and if concerned about the innovative growth patterns.
China through continuous viewing the geographic highlights brought about the monetary advancement by executing viable approaches in the coastal and rural regions. In the case of China, it can be noticed that China forms the Geo-economics perspective between the coastal and rural regions as the country is much focused on customer motivation as well as the economy. Moreover, in the article, there is the focus on the regional and national markets that economies can get success based on the development of technology and through effectively considering the natural resources. China is more focused on the eco-economy, production system, and re-cyclicality Geo-economics perspective; therefore, there is a success in implementing the China Geo-economics perspective between the coastal and rural regions. (Zvirgzdiņš et al., 2018).
Emerging power of globalization
According to the research conducted by Song, Cheng, Liu, & Liu (2012) focus was on how the country is emerging power of globalization and how the aspects related to the socioeconomic development and Geo-economics perspective is effectively concerned with the country, to attain the benefits associated with development. The coastal and rural regions were concerned about the development. Moreover, the research focuses on territorial security that was based on the Geo-economics perspective and that impacted on the coastal and rural regions (Song et al., 2012).
Moreover, it is concerned with the research that China effectively deals with the aspects related to the Geo-economics perspective so that there could be the growth of the coastal and rural regions. Economic development is effectively focused through undertaking the ethnic minority areas and through flourishing the border areas as well as the impoverished areas. For the effectiveness, from the geopolitical perspective, the country gradually strengthened based on the economic border environments (Zhang, 2017). China is a country that makes effective development by undertaking the humanistic geopolitics. There are more impacts of topographical variability that were worried for the provincial monetary incorporation and the Geo-financial systems (Song et al., 2012). Moreover, from the geopolitical point of view, the nation step by step reinforced dependent on the monetary outskirt situations. China is a nation that makes successful improvement by embracing the humanistic geopolitics (Song et al., 2012).
Geopolitical cooperation and economic geography
According to the research conducted by Sui (2018); there is analytic in the research that China is the country that focused on the geopolitical cooperation for the development of the coastal and rural regions. Based on human geography and geopolitics China get the success, and the country made the geopolitical strategy because the country is highly fragmented under the political system and ideology. Moreover, all aspects of economic and cultural development concern border development, in the economic geography; there are aspects related to the cross-border safety and unique developmental of the utilizing geographical. For the Geo-economics perspective between the coastal and rural regions, the cultural proximity and more influence of geographical factors were concerned for the regional economic integration as well as the Geo-economic strategies also focused (Sui, 2017).
Research methodology
In the current research, the primary research method will be taken into consideration as well as secondary data by analyzing of the articles, websites, and books, etc. there is consideration of the primary and secondary both research method in this study so that a better assessment of China can be done, that’s how country implements its go-economics perspective between the coastal and rural regions. In the research, there is the investigating through the literature review that how China is getting success through Geo-economics perspective. Qualitative and quantitative research both research strategy in this investigation with the goal that better evaluation of China should be possible, that’s how a nation actualizes its Geo-financial matters viewpoint.
For the deeper understanding of Geo-economics, the research design contains the detailed procedure’s description that has flowed in this research. There are two methods that research can follow, i.e., qualitative, and quantitative, and the research can combine these two methods as well. The studies that are focused are based on analyzing the impact of the rise of China (ROC) as well as the Chain’s growing Geo-economics through the research that are already conducted. In the current research, there is comprehension of Geo-financial aspects; the exploration configuration contains the point-by-point methodology. The research will follow both qualitative and quantitative research techniques for the Geo-economics reliable resources; the paper analyzes the interest of the China development in the coastal and rural regions.
Moreover, influence around the world of China Geo-economics and China development in the coastal and rural regions is concerned, there could be a better analysis, how development through geographic aspects is there, with the use of the primary data that would be gathered by the research, the current research analyzes the implementation of Geo-economics perspective between the coastal and rural regions (Deepak, 2016). Moreover, to analyze the topic, there are also the considerations of the highest-ranking journals, and Google as well as Google scholar so that relevant data can be gained (Adem & Mazrui, 2013). There are different types of information that is gained through the analysis of the Geo-economics perspective between the coastal and rural regions with the considerations of the graphs and tables regarding databases, etc.
Analysis
For the analysis, it could be noticed that China through focused on the economic aspects as well as focused on the geographical aspects and development and with the use of geo-economically focused on the Geo-economics perspective between the coastal and rural regions. There is the implementation of the Geo-economics perspective on the Chinese economy because the country is focussing the competitive advantages of ROC and there is an effective policy for the foreign markets (Blackwill & Harris, 2016). It is true that China is a nation which has no doubt facing regional disparities. The gap between its central and western regions and its coastal regions has widened over time. However, the creation of the special economic zones has created prosperity in the coastal regions, adding to economic disparity between these regions (Crane et al., 2017).
Moreover, to maintain the geo-economics perspective; the geographical, as well as the foreign capitals, were concerned and there was the sophisticated Geo-economic, GC network that provides effectiveness in the industrial and financial power. In many countries, China is focused on providing the effectiveness based on the competitive entity in global politics and through securing funds Chinese business is growing. What China gets the achievement depends on the political framework and belief system, however, through the development of the multi-aspect, there is growth related to the Geo-economics perspective between the coastal and rural regions.
China increases its attention of the other government to invest in the country and to provide gains to the country. The people of China are concerned and have the jobs in every sector, where the Chinese government makes effective strategies, and Geo-economics perspective was effectively focused between the coastal and rural regions. The geography and geopolitics China get the success based on the political system and ideology, as the strategies were effective and effective considerations were taken by the government.
In numerous nations, China is centered on giving the adequacy depends on the focused substance in worldwide governmental issues, and through anchoring finances, Chinese business is developing. Geo-economics perspective has an effective level of consequent and the development towards the coastal and rural regions through effective concerns of political and social benefits as Chinese strategies made for protection.
Conclusion
It is concluded that China is more concerned with tangible economic practices because China focused on the Geo-economics perspective between the coastal and rural regions. However, through considering the research, it can be noticed that China’s is more concerned on the regional growth by maintaining the country as well as shaping the growth paths through the preferential policy. It is analyzed in the research that China focuses transportation infrastructure, and the country implemented the policies through the ODP. The country is more concerned about economic insecurity and with the development or rising industrial competitiveness; the country maintained the new alliances in the open new markets for the benefits. There is the growth for the Geo-economics perspective between the coastal and rural regions is formed by China as the country and through the GC effectiveness in the market access security; China makes the domestic partners so that there could be benefits for the high efficiency in the domestic industries.
The objectives of the research are concerned and fulfilled through noticing the policies, strategies and decision-making process that is focused by ROC in the development of the provinces and coastal provinces by economic, social and development and through effectively focus on the strategies so that there could be a benefit in the western regions. It is analyzed that for the effectiveness of the geopolitical perspective, the country gradually strengthened itself through the economic border environments and through flourishing the border areas for the advancement in the aspects.
Abbreviation list
ODP = Open-Door Policy
GC = Geopolitical Collaboration
ROC = Rise of China
Bibliography
Adem, S. & Mazrui, A.A., 2013. Afrasia: A Tale of Two Continents. University Press of America.
Blackwill, R.D. & Harris, J.M., 2016. War by Other Means. Harvard University Press.
Crane, B., Albrecht, C., Duffin, K.M. & Albrecht, C., 2017. China’s special economic zones: an analysis of policy to reduce regional disparities. Regional Studies, 5(1), pp.98-107.
Dahlman, C., 2011. The World Under Pressure: How China and India Are Influencing the Global Economy and Environment. Stanford University Press.
Deepak, B.R., 2016. India and China: Foreign Policy Approaches and Responses. VRJ Books India Pvt Ltd.
Huang, Y., 2008. Capitalism with Chinese Characteristics: Entrepreneurship and the State. Cambridge University Press.
Kroeber, A.R., 2016. China’s Economy: What Everyone Needs to Know. Oxford University Press.
Kueh, Y.Y., 2012. Pax Sinica: Geopolitics and Economics of China’s Ascendance. Hong Kong University Press.
Momani, B., 2016. Shifting Geo-Economic Power of the Gulf: Oil, Finance and Institutions. Routledge.
Song, T., Cheng, Y., Liu, W. & Liu, H., 2012. Spatial difference and mechanisms of influence of geo-economy in the border areas of China. Journal of Geographical Sciences, 27(12), pp.1463-80.
Sui, X., 2017. China’s Strategy Towards South Asia in the Context of the Maritime Silk Road Initiative. In Blanchard, J.-M.F. China’s Maritime Silk Road Initiative and South Asia: A Political Economic Analysis of its Purposes, Perils, and Promise. Springer. pp.81-104.
Sun, Z., 2013. Explaining Regional Disparities of China’s Economic Growth:Geography, Policy and Infrastructure. [Online] Available at: https://www.econ.berkeley.edu/sites/default/files/Thesis_ZhengyunSun.pdf [Accessed 22 October 2018].
Zhang, Z., 2017. China Takes An Expansionist View Of Geopolitics. [Online] Available at: https://www.forbes.com/sites/stratfor/2017/10/31/china-takes-an-expansionist-view-of-geopolitics/#38c603f56a52 [Accessed 19 October 2018].
Zvirgzdiņš, J., Plotka, K. & Geipele, S., 2018. Eco-Economics in Cities and Rural Areas. Baltic Journal of Real Estate Economics and Construction Management, 6(1), pp.88-99.