An Economic Analysis On Specialized Market In China

Specialized market has been playing a very important role in economic and social life. Up to now,the specialized market has achieved substantial progress both in quantity and in the scale.But with the environment changed both inside and outside the market,the specialized market has inevitably encountered development bottlenecks,and people are also beginning to doubt about the specialized market.To answer the questions about the future development of the specialized market,we should,on one hand,have a clear understanding of its history,on the other hand,we need to know some certain supporting theories.Therefore,this paper attempts to give references for aiding to find the future development trend of the specialized market through the multi-angle analysis,knowing the fundamental factors of the emergence and development of the specialized market.Firstly,this paper has summarized the development profiles of the specialized market, and displayed its characteristics of the spatial distribution.Then it analyzed and summarized the major economic effects and functions of the specialized market,which are also the basis for boosting the steady development of it.Secondly,this article try to analyze the specialized market with the basic principle of economics,discusses the formation mechanism and equilibrium price of the specialized market from the searching angle of consumers.We no only,by using the game theory, analyze the relations between major market participants,but also have a theoretic and practical study on the ties between the specialized market and regional economic growth, urbanization and industrial clusters.Therefore,we get a deeper display of the basic factors of the existence and development of the specialized market,meanwhile,we laid a theoretical and experiential foundation for analyzing the bottleneck and future development of the specialized market.Finally,this paper has analyzed the development bottleneck of the specialized market under the new circumstances.Then,we made the conclusion that the transaction cost saving function of the specialized market is in the trend of weakening,at the same time, some problems exist in the operation and management sector,and the external environment is not optimistic.In addition,with the reference of some successful experiences,this paper pointed out some possible future development paths of the specialized market.