An Empirical Analysis Of Hebei Province Port Logistics And Regional Economic Growth

Along with China’s accession to the WTO and the development model ofglobalization of the world economy, logistics industry has been reflected as an importantindicator of a country’s economic development level．The development of developedcountries and regions have proved that modem logistics can enormously drag thedevelopment of a country’s economy and can help its economy’s sustainabledevelopment. Modern logistics is an advanced management approach, which managesmanufacturing and circulates other economic activities between regions or enterprises asa whole by using computer and new technology and increase operation quality. Logisticsis considered to be in addition to reducing energy consumption and increase laborproductivity outside of “the third profit source”. It provides the basis power for thesustainable economic development of the region. more．Modem logistics industry willbecome the important industry of Chinese economy and one of new economical points ofgrowth．To research port logistics role in promoting regional economic, the relationshipbetween Qinhuangdao port logistics and economic growth is the subject to study. First, itillustrates the formation of the port logistics industry, the function and development trendof the future. In the part of theory analysis, the author analyzes three effects by whichport logistic contributes to economic growth basing on economic theories and logistictheories. In the part of empirical analysis, the author selects port cargo throughput in Qinhuangdao, Tangshan port, Huanghua port and GDP in Hebei province as the annual data,the empirical test of Qinhuangdao port development effects to hinterland economicdevelopment by model. The test proves that there is long-term stable relationshipbetween them.Hebei Province is located in the Bohai Sea region, there are many ports,thecountry’s eastern region is important to the sea. Port in Hebei Province with excellentgeographical advantages, a huge potential for development of port logistics:ease of access set of transportation network, location, sound infrastructure and related policysupport. Hebei Province to study the development of port logistics, port for the fulldevelopment of the province’s strategies objectives of the foundation and supporting role,as well as the hinterland of the port’s own development and the revitalization of theeconomy are of great practical significance.This article is in the context, a more systematic analysis of the status of portlogistics, Hebei Province, process strengths and weaknesses, while this port logistics forthe regional economy, Hebei Province,to study the relationship,and proposed thedevelopment of port logistics in Hebei Province strategy and specific recommendations.