Development Imbalances in China: An Integrated Analysis with the Tsinghua China Balanced Development Index
Xu Xianchun (许宪春) 1, Zheng Zhengxi (郑正喜) 2 and Zhang Zhongwen (张钟文) 3*
1, 3 China Data Center, School of Economics and Management, Tsinghua University, Beijing, China
2 School of Statistics and Management, Shanghai University of Finance and Economics (SUFE), Shanghai, China
Abstract: The principal contradiction facing the Chinese society has evolved to be that between imbalanced and inadequate development and the people’s ever-growing needs for a better life. Given China’s vision for achieving moderate prosperity, it is relevant to conduct theoretical and empirical studies on the nation’s development imbalances. As a quantitative index, the Tsinghua China Balanced Development Index measures the extent to which development is uneven and insufficient across regions, reflecting the progress and shortfalls in China’s efforts to promote balanced development. Our findings provide implications for how policymakers may help people’s expectations for a better life materialize by spurring balanced economic, social, environmental and livelihood development across regions.
Keywords: Balanced Development Index, principal social contradictions, needs for a better life, imbalanced and inadequate development
JEL Classification Codes: C43, E60, H11, P0
DOI: 1 0.19602/j .chinaeconomist.2020.05.01