Author(s)

Weidong Liu ¹, Wenxuan Zhang ², Zikang Huang ¹, Yue Jiang ³

Affiliation(s)

¹ School of International Trade and Economics, Anhui University of Finance and Economics, Bengbu, 233000, China
² School of Accounting, Anhui University of Finance and Economics, Bengbu, 233000, China
³ School of Management Science and Engineering, Anhui University of Finance and Economics, Bengbu, 233000, China

Corresponding Author

Weidong Liu

ABSTRACT

Industrial upgrading and structural optimization are inseparable topics for regional economic development. In recent years, with the strong support of Bengbu Municipal government, Bengbu has achieved fruitful economic development and continuously optimized its economic structure, but the phenomenon that economic growth is driven by resources and investment still exists. Nowadays, the trend of "anti globalization" is becoming more and more obvious. The purpose of establishing the free trade zone in Bengbu is to serve the strategic requirements of "innovation driven development" and "integration of the Yangtze River Delta", play an important role in promoting the construction of the "the Belt and Road" and the development of the Yangtze River economic belt, and create a new inland open highland. The establishment of the free trade zone in Bengbu not only brings more opportunities for the upgrading of the city's industrial structure, but also increases the risks and challenges faced by the economic operation. The establishment of Bengbu free trade zone has significantly promoted the industrial upgrading of Bengbu, which is mainly reflected in four aspects: Investment opening, trade facilitation, administrative system reform and innovative financial reform and innovation. Benefiting from the boosting effect of these policies, Bengbu has two main paths for industrial upgrading: one is the liberalization of commodity trade, and the other is the liberalization of service trade.

KEYWORDS

Free trade zone, industrial upgrading, structure optimization, influence mechanism

CITE THIS PAPER

Weidong Liu, Wenxuan Zhang, Zikang Huang, Yue Jiang, Study on the Influence and Mechanism of the Pilot Free Trade Zone on Industrial Upgrading -- A Case Study of Bengbu Area. Information Systems and Economics (2022) Vol. 3: 42-51. DOI: http://dx.doi.org/10.23977/infse.2022.030208.

REFERENCES

[1] Li Shijie, Zhao Tingru. Has the pilot Free Trade Zone promoted the upgrading of industrial structure——Empirical analysis based on China (Shanghai) pilot free trade zone [J]. Journal of Central University of Finance and economics, 2019 (08): 118-128
[2] Li Shaokai, Li Luyi. A study on the policy effect of Free Trade Zone on Industrial Structure Upgrading -- a quasi natural experiment based on Shanghai pilot free trade zone [J]. Economic longitude and latitude, 2019,36 (05): 79-86 DOI: 10.15931/j.cnki. 1006-1096.20190624.007. 
[3] Fang Yunlong. Has the construction of pilot Free Trade Zone promoted the upgrading of regional industrial structure ——Empirical evidence from the four major free trade zones of Shanghai, Tianjin, Fujian and Guangdong [J]. Economic system reform, 2020 (05): 178-185.
[4] Deng Huihui, Zhao Jialing, Zhao Xiaokun. Effect evaluation of free trade pilot zone promoting industrial upgrading -- from the perspective of industrial technology complexity [J]. International Business (Journal of the University of international business and Economics), 2020 (05): 35-48 DOI: 10.13509/j.cnki. ib.2020.05.003. 
[5] Liang Shuanglu, Liu Linlong, Cui Qingbo. Can the establishment of the free trade zone promote the transformation and upgrading of regional industrial structure——Research on synthetic control method based on international data [J]. Contemporary economic management, 2020, 42 (08): 36-46 DOI: 10.13253/j.cnki. ddjjgl. 2020.08.005. 
[6] Liang Shuanglu, Hou Zehua, Cui Qingbo. The impact of the establishment of the free trade zone on Economic Convergence -- an analysis of the intermediary effect based on the upgrading of industrial structure [J]. Economic issues, 2020 (09): 109-117. DOI: 10.16011/j.cnki. jjwt. 2020.09.014. 
[7] Zhao Liang. Discussion on the mechanism of regional industrial structure upgrading driven by the pilot free trade zone [J]. Economic system reform, 2021 (03): 122-127.
[8] Zhang Xiaoyan. Analysis on industrial upgrading mechanism and strategy under the background of free trade zone construction [J]. Economic Forum, 2020 (10): 97-102.
 

Sponsors, Associates, and Links

---

• Accounting, Auditing and Finance
  
  
• Industrial Engineering and Innovation Management
  
  
• Tourism Management and Technology Economy
  
  
• Journal of Computational and Financial Econometrics
  
  
• Financial Engineering and Risk Management
  
  
• Accounting and Corporate Management
  
  
• Social Security and Administration Management
  
  
• Population, Resources & Environmental Economics
  
  
• Statistics & Quantitative Economics
  
  
• Agricultural & Forestry Economics and Management
  
  
• Social Medicine and Health Management
  
  
• Land Resource Management
  
  
• Information, Library and Archival Science
  
  
• Journal of Human Resource Development
  
  
• Manufacturing and Service Operations Management
  
  
• Operational Research and Cybernetics