The Way of Regional Economic Development by Cooperating Activities of Xinjiang and Other Provinces of China

Abstract

This paper focuses on the cooperation efficiency between Xinjiang Uygru Autonomous Region (XUAR) and the western provinces of China in the first stage (1999-2011) to estimate the cooperation possibility for next period and the optimal way of cooperation process. This paper analyzed and compared the main macroeconomic indicators of XUAR and the western provinces, by using the macroeconomic data of China and 12 western provinces from 1999 to 2011. The correlation coefficient proved that the economic development correlates highly of XUAR and the western provinces in the period from 1999 to 2011. This paper also compared the main economic indices, such as GDP, growth rate and so on, to know the status of economic condition of each province. The result proves that the cooperation activities between XUAR and the western provinces not only improved the XUAR’s economy but also provided more finances chances for the western provinces, and the cooperation was successful in the first phase. However, this research found the some issues existed in the process of cooperation. To solve these questions in next cooperation, this paper pointed out several main problems, including the lack of the investment in fixed assets and foreign capital, readjusting industrial structure, reducing the residents’ income gap between XUAR and the western provinces and nationwide as well.