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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on the Regional Differences in the Industrial Structure Transformation of Shandong Province

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DOI: 10.25236/ecemis.2021.025

Author(s)

Jingli Zhou

Corresponding Author

Jingli Zhou

Abstract

In 2019, Shandong's per capita GDP reached 70,653 yuan, an increase of 5.2%. Shandong Province entered a post-industrial period. In the critical period of the conversion of new and old kinetic energy, optimizing industrial structures based on the industrial structure benefits to reduce the difference in regional economic development levels has become the key to maintaining social stability and achieving coordinated development between regions. This paper focuses on the development status and evolution of the industrial structures in Shandong Province. It collects relevant statistical data, conducts a comparative analysis of the regional differences about the three industries development in various regions and cities, and then uses the comparative labor productivity difference coefficients and industrial structure conversion coefficients to measure the benefits and the transformation speed of the industrial structures of various cities within the province. Based on the coordinated development of the three major economic circles and the concept that innovation drives the industry to upgrade, this paper can provide practical countermeasures and suggestions for promoting the coordinated development of the province’s economy.

Keywords

Industrial structures, Regional differences, Industrial structure benefits, Transformation speed of industrial structures