Evaluation And Study On Investment Climate Of The Cities In The Central China During The Economy Transitional Period

The investment climate, is comprehensive external conditions which affect the form of direct investment in special time and space, is contradictory entia which are interactional investment-related society, nature, economy, law, culture, infrastructure and other elements. According to different study objects, surface investment climate and point investment climate are included in the study of investment climate. As surface is made up of many heterogeneous points, the regional investment climate study is based on point investment climate. The city, which is regional unit's centre, can be abstracted as a point in the study of investment climate. The study of city investment climate is not only an essential component of the study of regional investment climate but also provides a very efficient way for studying the regional investment climate. In addition, urban economic and social development is determined by the city investment climate, so the city managers more and more pay attention to develop a good investment climate. The comparative study of the city investment environment is conducive to understand the pros and cons of cities investment climate, and overall nails down the state of the cities investment climate within a certain region, and pertinently provides a scientific criterion for further improving cities investment climate.With the development of economy and deepening of the reform, coordinating development of regional economy is becoming the important task of our country economy at present. The central major agricultural bases, was once the important base of our country, and had made great important contributions to the development of our economy. But with the reform and opening-up, the constant adjustment of economic structure, its economic status in our country drops. "Mid-China Raising " is another great strategy that our country puts forward in the new century,which also is a great strategic task for the central region's economic development opportunities.In the raising of central China, funds will become an important bottleneck to restrict the development of local economy. The development of the central China not merely needs the country's favor in the policy, the project and funds, the more important thing is itself can adapt to the changes of market economy, and improve it's own investment environment constantly, from depending on the government to relying on the market to seek the development and development.Since the reform and opening-up, city economy is becoming an important polar in driving regional economy. The function of Pearl River Delta, Yangtze River Delta, wreath Bohai Sea metropolis city cluster in local economy development have been proved. Through this article, cities make an important role in many important economic indexes, investment climate is directly related with competitiveness in attracting investment of the six provinces in the central area of China. In order to keep the research representative, 28 large cities in the middle of China , as demonstrations, have been given.In the process of research, author has referred to domestic and foreign achievements in the regional investment environment, selected 17-economy index, including the economic development level of an area, proportion of industry, consumption market scale, communications and transportation, postal communication, human resources, opening to the outside world, health care, etc. While dealing with these indexes, the author makes use of the factorization and clustering, which make the result ocular and scientific. Through the research of this paper, 28 large cities in the six provinces in the middle area of China have the regional comparative advantage in the communications and transportation, human resources and energy supply, but regional comparative disadvantage in industrial structure, postal communication and opening to the outside world. From the investment climate score of this article, the six capitals rank before other cities, which is relating to the function of these cities center status of regional economy. However Huainan, Kaifeng, Bengbu, Shangqiu, Jingzhou, Huaibei rank the end, which show that the climate environment of these cities still needs to be improved. Through cluster analysis, and in accordance with the "take-off theory", which was put forward by well-known American economist, the cities of central China are divided into three main stages: the 11cities are in the stage that creates conditions to take-off, which are Jingzhou, Xiangfan, Anyang, Jiaozuo, Huaibei, Huangshi, Yangquan, Changzhi, Datong, Shangqiu and Kaifeng; the 11 cities are in the take-off stage, which are Xiangtan, Yichang, Zhuzhou, Jiujiang, Xinxiang, Bengbu, Luoyang, Huainan, Hengyang, Wuhu, Manshan; the six capitals are in the mature stage, which are Wuhan, Zhengzhou, Changsha, Hefei, Nanchang, Taiyuan.To above-mentioned problems, the following measures are put forward generally to improve investment climate. First, transform government functions and increase work efficiency for attracting investment; Second, reduce administrative examination and approval; Third, create a fair competitive environment; Fourth, take effective measures to improve policy and regulation environment and establish a healthiness supervision system; Fifth, improve the quality of citizen and train or introduce all kinds of personnel; Sixth, create a good urban image.