Five Growth Poles: City Clusters and Their Integration in a "Dual Circulation Development Pattern

This book discusses the future development trajectories, industry allocation, and investment opportunities of five regions in China: the Great Bay Area, the Yangtze River Delta, the Beijing-Tianjin-Xiongan Triangle, the Central Triangle, and the Western Triangle.

The authors analyze the resource endowment, current industries, strengths, and weaknesses of the above regions, compare them with similar regions in developed countries, and discuss the future development direction, emerging industries, and investment areas in these regions. Finally, they provide a comprehensive comparative analysis of the five city clusters and believe that they will become the five major growth poles leading China’s economy in the future.

The title will bring greater attention to the new wave of regional economic integration among the academic circle, markets, and policymakers.

Ming Zhang is a senior fellow and deputy director of Institute of Finance & Banking under Chinese Academy of Social Sciences. His research focuses on international finance and China’s macroeconomy.

Wei Wei is an assistant director of Ping An Securities Research Institute, a chief strategic analyst, member of Ping An Securities Risk Control Committee, and member of Fund Advisory Investment Decision Committee. His research focuses on macroeconomy, asset allocation, and capital market strategy.

Xiao Chen is a chief forward-looking industry analyst of Ping An Securities Research Institute. Her research focuses on China’s macroeconomy and capital markets.