| The Yangtze river delta is the relatively developed and China’s relatively earlier area opening to the world. Since China’s reform and opening policy, export-oriented economy is so obvous in Yangtze river delta that a lot of foreign investment and foreign trade become the main power to promote the development of the whole area. Moreover,the way of extensive growth is also evident that the economy encountered a bottleneck on the way to the sustainable development.We need to change the pattern of current economic growth, make good use of foreign capital, foreign trade, and improve the quality and efficiency of foreign investment, foreign trade so as to achieve a sound and rapid economic development.The economic development among Jiangsu、Zhejiang provinces and Shanghai City has their own characteristics. Shanghai,which mainly develops the service industry and high-tech industry, develops intensive economy relatively obviously but still needs further change.The scale of foreign capital utilization in jiangsu province is larger, economic development has a high capital dependence, extensive economy is obvious, small and medium-sized private enterprises in zhejiang province are developed, exports for some more labor-intensive products, at the lower end of value chain, the value is lower, the technical content of the economic growth is not high, thus to realize the sustainable development of economy.In recent years, our country has began to attach great importance to the change of the way of economic growth, so the pursuit of the sustainable development of economy has become an important problem of China’s current economic development, but the actual effect of change develops very slowly.On the basis of previous studies, at first this paper analyzes the influence way of foreign investment affecting economic growth positively and negatively and also analyzes the impact way from the aspects of import and export of foreign trade on economic growth way, which provides theoretical support for further research later.Then according to the Douglas’analyses of the present situation and problems of economic growth pattern in the two provinces and Shanghai city, which says that in the two provinces and Shanghai city, the contribution rate of technological progress on economic growth is not high, but is in the process of slow growth, so I think it conveys that the economic growth of the two provinces and one city is still in an extensive economic growth pattern, but in the direction of intensive economic growth pattern.After the analyses of the economic growth pattern In the Yangtze river delta,this paper,based on the data of Yangtze river delta (1990-2011),has set up a panel data model to investigate for foreign investment and foreign trade,and found that influence of foreign investment, foreign trade and independent innovation on the economic growth mode to intensive development is positive, among which the influence of the foreign capital on the economic growth mode of intensive development of jiangsu province is significantly greater than that of zhejiang province, while influence of foreign trade on intensive economic development of Zhejiang province is greater than the that of jiangsu province.So I think it is mainly owed to the different economic foundations between two provinces. Finally this paper comes to a conclusion in the theoretical and empirical aspects and also comes up with a few suggestions in view of the Yangtze river delta region in the transformation of the mode of economic growth: increase investment in research and development, enhance independent innovation, improve the technology dependence of economic growth; Continue to expand the use of foreign capital, improve quality and efficiency of foreign capital utilization, guide positive influence of foreign capital on the economic growth mode transformation; Adjust the industrial structure in order to transformate economic growth mode towards the intensive economic growth pattern. |
PDF Full Text Request