Research On The Impact Of China’s New Urbanization On Common Prosperity

Entering the "14th Five Year Plan" period,China’s economy has entered a high-quality development stage with a human core.In the context of rural revitalization and urban-rural integration,the effective implementation of the new urbanization strategy is an important way to achieve common prosperity,which is conducive to the formation of a high-quality urban and rural development system in China.At present,China’s new urbanization construction has achieved significant results,and it has become a strong support for promoting common prosperity.Promoting common prosperity through new urbanization is of great significance for achieving high-quality economic development.This paper reviews the relevant research literature on new urbanization and common prosperity,constructs a new urbanization indicator system from the dimensions of population,economy,space,and ecology,and analyzes common prosperity from four perspectives: urban per capita disposable income,rural per capita disposable income,urban-rural income gap,and regional income gap.Using panel data from284 prefecture-level cities in China from 2001 to 2021,the entropy method was used to calculate the new urbanization index.The OLS model,random effect model,and fixed effect model were used to analyze the impact of new urbanization on common prosperity across the country,as well as in the eastern,central,western,northeastern,economically developed,less developed and underdeveloped regions,analyzing the impact of control variables such as total retail sales of consumer goods,number of beds in hospitals,and number of students in colleges and universities on common prosperity.The results show that:(1)New urbanization has a significant positive impact on the per capita disposable income of urban and rural residents in China,with impact coefficients of0.597 and 0.782,respectively;The new urbanization has a significant inhibitory effect on the income gap between urban and rural areas and between regions in China,with impact coefficients of-0.134 and-0.350,respectively.(2)From the perspective of heterogeneity,new urbanization is conducive to improving the income level of urban and rural residents in the eastern,central,western,and northeast regions of China,and promoting the income level of urban and rural residents in developed,sub developed,and underdeveloped regions of China.However,there are regional differences in the degree of improvement.The new type of urbanization is conducive to narrowing the income gap between urban and rural residents in the western region,promoting the narrowing of the income gap between residents in the northeast region,and driving the narrowing of the income gap between urban and rural residents and between regions in less developed and underdeveloped regions;It is not conducive to the narrowing of the income gap between urban and rural residents and between regions in the eastern and central regions of China,leading to the widening of the income gap between urban and rural residents and between regions in economically developed regions.(3)Industrial structure plays a regulatory role in the relationship between new urbanization and common prosperity,which strengthens the impact of new urbanization on common prosperity.Based on the above conclusions,this article proposes the following countermeasures and suggestions: Increase investment in human capital and promote the flow of human capital;Reasonably allocate factor resources to achieve industrial structure upgrading;Improve the employment environment and increase entrepreneurial opportunities;Encourage residents to consume and increase investment in environmental protection;Promote infrastructure integration and achieve equalization of public services.