What is the root cause of the slowdown in southern Jiangsu?

Mondo Finance Updated on 2024-02-14

What is the root cause of the slowdown in southern Jiangsu?

What is the fundamental reason for the slowdown in the economic development of southern Jiangsu?

Southern Jiangsu is undoubtedly the fastest, most prosperous, richest and most dynamic region in China.

In fact, in such an economic environment as southern Jiangsu, it is a miracle that there can still be such achievements on the original basis.

But the problem is that in recent years, the development of southern Jiangsu has shown a significant deceleration trend. Why is the development of southern Jiangsu slowing down? How can the economy of southern Jiangsu accelerate its development? This is indeed a major issue in the regional development of southern Jiangsu.

Of course, the development of southern Jiangsu has slowed down, while Shenzhen's economy can continue to develop rapidly. It can be said that the root cause of the slow economic development in southern Jiangsu lies in the lack of some characteristics and advantages of Shenzhen in the economy of southern Jiangsu.

What are the characteristics and advantages of Shenzhen's economy?

Shenzhen's industrial characteristics and advantages lie in the innovation of science and technology, which is precisely the shortcoming of southern Jiangsu.

It is undeniable that the lack of foreign direct investment and the development of private enterprises in southern Jiangsu is the main reason for the slow economic development of southern Jiangsu, as well as the lack of independent innovation ability and motivation of enterprises in the region.

In short, in order to speed up the development of the southern Jiangsu region, Shenzhen's experience deserves our serious study, so that our private sector can develop to the greatest extent and the economy of this region will have vigorous vitality and creativity, so that the economy of southern Jiangsu will continue to develop at a high speed like Shenzhen.

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