Speciality Market And The Development Of Industrial Cluster

Industrial clusters are a striking feature of southeast coastal China where economy is better developed than the rest of China; what's more, in Zhejiang province, where the economic tempo is more rapid than the average of China, industrial clusters and speciality markets are usually coexisting, so there must be some kind of relations between them.After the economic reform and the opening to the outside world began, under the supports of local governments, speciality markets developed rapidly as supplements to commodity circulation in planning economy, and they met the needs of industrialisation in rural area. Today, because of the rapid development of communications, sciences and technologies, speciality markets with industrial supports will be more potential, and will promote local economy more effectively.The collective efficiency existing in clusters, including external economies and the joint actions among enterprises, is significant to the developing of regional economy and the increasing of competitive advantages. Experientially, the coordinating and harmony of every factor in Porter's Diamond is crucial to the development of clusters and the formation of competitive potential. In developing countries, the lacking of fine competitive environments, which include good local investment environment and open and orderly competitive environment among enterprises, is a common problem. In addition, the existence of trade networks and effective sanctions and trusts is very important to clusters' development in these countries. The speciality markets maybe helpful to the formation of trade networks and trusts between enterprises.Speciality market shows the existence of some kind of industrial cluster, it can accelerate the formation and development of related cluster, and it also can co-develop with the cluster. The effects of speciality market on cluster development are: it may reinforce the aggregation and specialization ofinformation; it may help enterprises belong to it to divide work and cooperate with each other; it means greater market and more demands; it can support the growth of small enterprises; it can prompt the development of supporting industries and constructions of specialized facilities; and it is also an effective channel to transmit government's industrial policies.By reviewing the development of Zhejiang province, we can find out that the industrialization of speciality markets and the formation of industrial clusters in this area have very special backgrounds, including the regional industrial and commercial traditions, unusual human spirits, political environment without too much restrains, the proper selection of industries to enter into, innovation environment, the development of private economy and etc. The experiences of Zhejiang province show that the speciality market in the middle-west China should seek for industrial supports and, in the meanwhile, the development of industrial clusters may also benefit from the speciality markets.Since Hanzhengjie market plays a very important role in Hubei, we may take the market and the Hanzhengjie Urban Industrial Park, which has developed to some extent, as a good example to argue about the possibilities to realize industrialization on the basis of Hanzhengjie market, and put forward strategies on how to take the advantages of Hanzhengjie to develop industrial clusters, which may also be useful in the middle-west China.Hanzhengjie market has a good basis for industrial development, such as great and stable demands, abundant human resources and materials, convenient traffic conditions, capitals idling in the market, and etc. Of course, there are problems such as technological supply deficiency, slow development of supportive and related industries. The reasons that Hanzhengjie market can not develop its own industrial supports in those passing years are: the market locates in the central of a big city; the influence of unbalance of Hubei economic development; the lacking of enterprisers; and etc.The problems lie in the development...