Issues On Industrialization Process In Henan Province

Industrialization, as a necessarily historical period that leads human society from natural economy to commodity one, plays a great role in modern economic growth. It is very important for regional economy to recognize its real stage of industrialization before it can work out the correct tactics and guide economic healthy development. Proper criteria should be given in order to judge the stage of industrialization process. There are many criteria about the division of industrialization, such as Rostow development theory, Hoffmann ratio, Kuznets calculation table and Chenery theory. Chenery analyzed the transition process of the economic structure that covered the whole process from undeveloped economy to the developed economy and gave detailed index of per capita income of turn points that caused transition of economic structure. As a normal model of industrial development, Chenery theory is widely accepted by the academics, which is a great theory guide and reference to ongoing industrial economy construction in many developing counties. Besides, the development theory should be synthesized in order to judge the stage of economy. In this way, not only the per capita GDP which as the direct result of the economy growth, but also the industrial structure, labor force structure and the urbanization level and so on need to be noticed. It will be reasonable to judge the stage of the development of economy by using both the gross standard and the structure standard. In this thesis, the author make the positive research combined both quantitative and qualitative analysis to the stage of the industrialization in Henan province by using the four standards and draw the conclusion that the industrialization in Henan province is in the initial period of the second. It is far from enough to judge the stage of industrialization process by criterion analysis. The thesis analyzes the position of Henan province in China by comparing the stage of Henan province's industry with that of other provinces' industry. Although its developing speed is faster than national average level, in terms of industrial process, Henan is laggard behind the developed province. This not only indicates the inadequate industry development but also implicates its further developing scope. As the reason of above analysis, the author suggests some industrial developing strategy of Henan province. Finally, the author delves into some problems in its industrialization process on the basis of historic review: the transformation pressure of surplus labor, the disequilibrium industrial structure, the lagging of the third industry development, and the inadequate development of urbanization. As these problems have common natures and individual characters, this thesis gives some suggestions based on the comprehensive analysis.