TITLE:
System Driven Analysis of National Economic Growth: Guangdong as an Example
AUTHORS:
Yuhan Zhou
KEYWORDS:
Economic Growth, System Innovation, Multiple Regression, Guangdong
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.7 No.1,
January
11,
2017
ABSTRACT: After many
years of high-strength construction and large-scale development, it’s difficult
for Chinese economy to sustain high-speed economic growth only through too much
investment and production factors. Economic development is facing a bottleneck.
Transformation and upgrading are imminent. Improving innovation becomes an
inevitable choice for Chinese economic growth since Chinese economy has been
under a new normal macroscopic background. System innovation is the basic
content and an important aspect of innovation. There are some intrinsic links
between Chinese national economic growth and system changes. This paper selects
Guangdong Province as the research object. It analyzes system factors of
economic growth in Guangdong Province since the reform and opening up in China.
And this paper tries to provide decision-making basis for the innovation of
government system in the new normal economy.