Research On Institutional Obstacles To Develop Central City

In the economic development process of china, the marketing-towards and urbanization is irreversible trends. A city is the center of regional development, and a center city is the main center of re gional development. Center city plays a role of leading regional economic development through the city center aggregation, spread and the innovation. Central city in the region should be not only a part of region, playing the "leading role" in the region, but also a part of the international market, playing the role of "supporter", economic nexus. Therefore the city center as an important part of urbanization is attracting much attention. According to the economic theory of institution, the system variables are important factors which must not be overlooked in the developing process of central city. Market-oriented institutional arrangements in addition to clarifying ownership, reducing transaction costs, providing legal protection, It would also enable maximization of the function as a central city and narrow the gap between regions and to stimulate the regional economic growth.The 16th National Party Congress promoted "adhere to coordinate development of the big and medium cities and small cities, to make the urbanizations suitable for the Chinese characteristics," And The Fifth Plenum also pointed out that the system of taxation, land requisition, administration and public service should be developed to fit for the sound and healthy development of urbanization, the household registration and migrant management should also be improved. "This requires to explore the issues related to the institutional of centre city development.Take the center city as an object study, and drawing on a large number of relevant research results, and the theory of regional economics, the institutional system of economics, I make a research on the functions of the institutional arrangements in the city center during the transition period of china's economy. The study includes general mechanism, and arrangement of the center city, and the mechanism arrangements affecting the center city, and analysis on the institutional system limiting the functions of center city, and measures and suggestions to solve problems. First of all, in order to understand the development of the city center and the factors impacting its functions obstacles factor at this stage of China's economic reform, I analyze the characteristics and functions of the center city and the institutional arrangements in the current transition period of china's economy. I find out that the regimes of land system, household registration, and social security, urban management, government's macro-management system are impacting the functions of clustering and the spread of the center city. Finally, I propose the measures and suggestions to enhance the functions of the center city of Wuhan.