Opportunities and Challenges in the Process of Integrated Regional Economic and Social Development in the Yangtze River Delta

Abstract

With the historical changes and the development of international relations situation, regional economic and social integration is an important trend to establish the deep development of economic globalisation. The Yangtze River Delta region is one of the regions with the most dynamic economic development, the highest degree of openness and the strongest innovation capacity in China and plays an important strategic position in the modernisation of the country. The purpose of this paper is to explore the problems faced in the integrated development of the Yangtze River Delta regional economy, the ways to solve the difficulties and the prospects for future development. The approach taken is to compare the Yangtze River Delta region with the Northeast region in the North and the Pearl River Delta region in the South and to analyse the similarities and differences in the development trends of different geographical regions and their impact on regional development. This is then combined with historical contextual change factors as well as international experience and inspiration to further identify the opportunities and challenges faced by the Yangtze River Delta region in its development through comparative analysis. The conclusions show that China is actively involved in the process of regional economic integration, with the Yangtze River Delta region playing an important leading role. It has actively integrated international and domestic double-cycle development, utilised resources in an integrated manner, and drawn on international experience to seek better development opportunities. However, due to other constraints, such as historical changes, the Yangtze River Delta regional economic integration development process faces many challenges.