A Comparative Study On The Development Of Open Economy In Wenzhou,ningbo And Hangzhou

In recent years,the international environment of the open economy is changing.The economic downturn in the world has become the new norm,international trade protectionism is on the rise,the domestic manufacturing industry overcapacity and other background,Wenzhou,the economic development of Ningbo suffered heavy losses,at the same time the rapid development of Hangzhou's economy,emerge in the country.Based on this,this article from the promotion of open economy quality perspective,through the construction of an open economy index system in Wenzhou,Ningbo,Hangzhou open economy evaluation,put forward to strengthen the open economic development policy recommendations to promote the development of China's open economy.Based on the theories of international trade,international investment and international division of labor,this paper studies the open economy of Wenzhou,Ningbo and Hangzhou.Firstly,this study reviews the relevant theoretical basis;secondly,an overview of Wenzhou,Ningbo,Hangzhou open economy model,and comparative analysis of the development status of the three open economy;thirdly,the empirical analysis reveals that Wenzhou,Ningbo,Hangzhou open foundation,open,open the potential benefit level;finally,to open the characteristics of the development of Wenzhou,Ningbo,Hangzhou three city as the foundation,put forward to strengthen our economic development policy recommendations.The conclusions of this study are as follows:firstly,the economic base and open structure of Hangzhou are the best,and the economic base and open structure of Wenzhou is the worst,and Ningbo is the center.Secondly,Hangzhou's social and employment benefits are ranked first in the three cities,while Wenzhou's social and employment benefits are the worst,Ningbo is the center.Thirdly,the development of an open economy through the elements of innovation,structural adjustment,strengthen the cultivation of local multinational companies.The innovations of this paper are as follows:in the nearly 40 years of reform and opening,to look at the development of an open economy,in-depth analysis of Wenzhou,Ningbo,Hangzhou open economy development history,present situation,influence factors and conditions,and using principal component analysis method to comprehensive comparative study the open development of the three regions.