THE RECENT ECONOMIC DEVELOPMENT OF CHINA'S 'MILLION' CITIES

Key words: 
• million’city /
• economic development /
• industrial restructuring

Abstract: Since the 1980's, two new trends have been emerging in the economic development of the Chinese 'million'cities.One is the development disparity, and the other is the industrial restructuring.Firstly,in terms of per capita GDP(Gross Domestic Product), 32 'million' cities are classified into 4 types.The paper thinks there are 3 main causes which bring about the development disparity.Then, the paper approaches the industrial restructuring of the 'million'cities. In order to shrink the gap between the coastal 'million' cities and the interior 'million' cities, the paper thinks that the central government should pay most attention to the economic development of the inland, meanwhile,the interior 'mllion' cities should speed up the economic reform and industrial restructuring.