Growth of the Service Sector in the Yangtze River Delta : Enrich Series on China's Economic Issues. Vol. 2

Providing a long-term study of the economic growth of China's Yangtze River Delta (YRD), this account compares the region's previous importance with its present economic growth, structural change, and institutional reform. Utilizing modern econometric and financial models, this up-to-date record details both institutional and empirical studies on the fast-rising value chain, the mode of development, the mechanisms, and the behavior and performance of the modern service sector in the YRD. The shift in economic development to the fast-rising industrial value chain is regarded as the key to the future of the Yangtze River Delta (YRD). This book provides a long-term study of the economic growth of the YRD. It compares the region's previous importance with its present economic growth, structural change and institutional reform. The book also provides detailed institutional and empirical studies on the fast rising value chain, the mode of development, mechanisms, behavior and performance of the modern service sector in the YRD. This series covers a wide range of economic issues related to contemporary China. Tracking the future trend in China's economic development, this account discusses monetary policy, fiscal policy, the growth of regional economies, and industrial and banking developments