Research On The Urbanization Pushed By Professional Market From International Perspective

After joining WTO for decade, China’s economy is increasingly internationalised. China has become the second largest economy in the world by participating in the international division of labor,developing the foreign trade and foreign direct investment positively. With the rapid development of the foreign trade and foreign investment, the process of urbanization is accelerating. Zhejiang is one of the fastest growing province, its urbanization is in fast development after the reform and opening up. In2013the urbanization rate of Zhejiang province is64%, nearly11percentage points more than the average rate of the country which is53.73%, while in1978the urbanization rate of Zhejiang province was only14.5%, lower than the national average level of17.92%.What has promoted the rapid development of urbanization in Zhejiang province?The experience is worth summarizing, the reason is very worthy of study.Zhejiang province is the famous "big market", the professional market is one of the important characteristics of Zhejiang’s economy. In particular, with the globalization, some professional market began to explore the internationalization and modernization, and has obtained the success. In2012, the professional market in Zhejiang province reached4271,the turnover reached1581.66billion. According to the relevant data, Zhejiang province has more than60%small towns built by the promotion of professional market from the bottom up.With the acceleration of the economic globalization, the development of foreign trade and foreign direct investment has increased,the professional market of Zhejiang province has obvious international development trend.The scale of professional market is continually expanding,the foreign enterprises and foreign buyers are increasing,the industry and population are agglomerating,so as to accelerate the development of small towns, of which the Yiwu market is the most typical.In2012,the total import and export amount of Yiwu market reached9.347billion dollars,the export-oriented degree reached65%, and the rate of urbanization has exceeded70%. In the context of internationalization, it has important practical significance to actively explore the professional market internationalization to promote the urbanization of Zhejiang Province, including international trade, foreign direct investment and other international factors in the professional market to promote the process of urbanization, and to put forward countermeasures and suggestions for urbanization in Zhejiang province.This paper firstly uses spatial econometric modeling, citing the Dixit and stightz model of Fujita Masaku and Paul Krugman, from the micro level to explain the mechanism of the professional market in Zhejiang province to promote the urbanization,thinks that the professional market is mainly to promote urbanization from two aspects of cost and income effects:cost effect enables enterprises to reduce costs, encourages enterprises to gather to the area; the income effect attracts foreign population and agricultural population to gather to the area. At the same time, further from the international perspective, thinks that the foreign direct investment, foreign trade and other internationalization factors promote the professional market to participate in the international division of labor, and promote the internationalization construction of city,promote the upgrading of the industrial structure, increase the income of residents, and expand the professional market scale, the industrial and population agglomeration effect are strengthened, so as to accelerate the development of urbanization. Secondly, in this paper,we analyze the development course of the professional market and the urbanization of Zhejiang province and the present situation,thinks that the professional market of Zhejiang province has been more mature, and constantly improve the degree of internationalization.The professional market promotes the rapid development of the urbanization of Zhejiang Province,at present Zhejiang province attracts more foreign investment,the degree of foreign trade continuously strengthens,urban internationalization level increases significantly.To verify the above view,we takes the foreign direct investment,import and export volume,the professional market turnover and the urbanization rate of Zhejiang province four variables for empirical test, we get that the professional market turnover, foreign direct investment, import and export volume and the urbanization rate has a positive correlation, at the same time, foreign direct investment and import and export amount are the Grainger reasons of the professional market turnover,this can explain that the international factors promote the professional development of the market, and then to push forward the urbanization.Then take yiwu as a case,analyze the process and international situation of the professional market and the urbanization of yiwu, and then give a concrete analysis of the mechanise that urbanization pushed by internationalization of Yiwu professional market.Finally according to the analysis, we draw conclusions, and give policy recommendation on how to speed up the internationalization of specialized market,and promote the development of urbanization.In this paper, based on the analysis we get the following conclusions:first, the professional market promotes the development of urbanization of Zhejiang province; second, the professional market promotes the development of urbanization of Zhejiang province mainly depends on the agglomeration effect;third, foreign direct investment, import and export amount and such international factors,greatly promote the international development of the professional market, and further promote the process of urbanization.The analysis and conclusions of this thesis have not only a guiding significance for Zhejiang province of the international development of professional market and the development of urbanization, but also has certain reference significance for other provinces and cities which are committed to the international development of professional market and urbanization.