Liu Zhibiao: the Institutional Cornerstone of the High-quality Integrated Development of the Yangtze River Delta

Release time:2019-02-28Author: Liu Zhibiao

The real meaning of "integrated" development refers to that in a large-scale regional economic scope, various administrative units with clear boundaries, gradually remove all kinds of institutional obstacles that artificially hinder the free flow of resources and factors through reform and opening-up, and achieve high-quality regional development through the process of mutual cooperation, competitive opening-up and sufficient competition.The high-quality development of the Yangtze River delta needs to be coordinated through the integration mechanism, because it is difficult for the administrative decision-making units and decision-making mechanisms with clear boundaries to give full play to economies of scope and economies of scale. The high-quality development of the Yangtze River Delta can be coordinated through the integration mechanism, because integration, division of labor and cooperation can achieve win-win and common prosperity of all regions. The main force that can distort the integration process for a long time and continuously can be attributed to the obstacles in the aspect of system.To eliminate the obstacles to the development of regional economic integration, main ideas and methods are as follows:The administrative power adjusts from merging administrative body to transferring part of administrative powerSufficient market competition is the micro mechanism for the formation of high-quality development of economic integration of the Yangtze River Delta.Open up the market and regulate the competition at the same time to coordinate the process of regional integration of the Yangtze River Delta by building unified competition rules.