Study On The Opening Up Of Beibu Gulf Economic Zone Under New Circumstances

Economic development by the way of opening is a consensus on BeiBu gulf economic zone, with the document "development plan of GuangXi BeiBu gulf economic zone" being approved by the central government. From the viewpoint of "integrated advantage principle", more opening to other countries and more economic exchange with other countries is necessary for a country or region to promote its economic conditions. Western region's development in China becomes more urgent because China's economy advanced much in the past years especially in eastern region.In the last years fast economic development has been witnessed in BeiBu gulf economic zone, but the laggard economic conditions didn't change radically. Opening policy succeeded in many aspects such as foreign trade and external investment; however, there are many problems including unseasonable structure and instable growth and so on. So we can see BeiBu gulf economic is experiencing a crucial economic transformation and its important to find series of rational development strategy. The background of BeiBu gulf economic zone is complex in which advantage and challenge intertwined. Advantages , which includes document "development plan of GuangXi BeiBu gulf economic zone" , has been approved by central government; the establishment of CAFTA (China-ASEAN Free Trade Area); the advancing economic exchange between BeiBu gulf economic zone and south Asian countries; economic structure transformation in developed countries and developed region in China; the diffusion effects of pearl river triangle economic pole; the public service construction afford a better platform for economic development too. In the same time we should realize the challenges of BeiBu gulf economic zone is complicated and severe. The poor economic condition of BeiBu gulf economic zone is the first one, succeed with the global resources crisis and environmental crisis; foreign countries and domestic entrepreneur are sources of pressure to BeiBu gulf economic zone; the competition from abroad regions and neighboring domestic regions make much challenge to BeiBu gulf economic zone.Reasonable strategies should be installed to develop BeiBu gulf economic zone's economy. On the ground of its advantages and opportunities, under the guide of integrated advantage principle, many advices have been suggested for the development of BeiBu gulf economic zone. Take manufacturing as the head industry of this area,develop a city as the core of this economic zone,establish a economic development model friend to environment,optimize the opening policy to foreign countries and domestic regions in the same time,make policy more friend to the non-public sectors of the economy,encourage domestic entrepreneur and businessman to run their business abroad,reform the time-lagged economical and political institutions to serve the market and invest more in education and science innovation, all these strategy are necessary for BeiBu Gulf to promote it's economic condition .In a word, we should take the integrated advantage principle as the theoretical guide of the practice of opening to the outside world.