TITLE:
Similarity of Industrial Structure and Sustainable Development of Regional Economy: The Perspective of Guangdong
AUTHORS:
Wei Fu, Jiaxing Huo
KEYWORDS:
Similarity, Industrial Structure, Regional Economy, Division of Labor, Development
JOURNAL NAME:
Open Journal of Business and Management,
Vol.10 No.3,
May
31,
2022
ABSTRACT: With the development of human society, the division
of labor will not be weaker and weaker. On the contrary, the trend of division
of labor will be stronger and stronger. No matter which field we
study, the field of economic or that of
social governance, the division of labor always has a process from spontaneity
to filling to dispersion, and then to coupling. On this issue, Engels’ Theory
on Resultant Force in History is significant. The theory of resultant force
suggests the general force of social development. Resultant force widely exists
in all fields of society. Of course, the economic field is no exception.
In the economic field, a prominent manifestation of resultant force is division of labor and its coordination. How
can all parties in the economic field form a joint force as a favorable factor
for social development? Obviously, the disorderly division of labor will only
increase the chaos in the economic field. This paper analyzes the division of
labor in social development, explains the important influence of urban division
of labor in regional opening, and demonstrates the importance of urban
division of labor in China’s contemporary
open economy. With the help of the coefficient of similarity of industrial
structure in regional economic development, from the perspective of
Guangdong, which is the forefront of China’s reform
and opening up, this paper studies the urban division of labor based on economic production as well as its
contribution to the coordinated and sustainable
development of regional economy, and then explores the role of core cities in
this process.