Social Sciences
8 years ago

Xinjiang's Public Investment Fuels Rapid Economic Transformation, Reshaping Lives Across the Region

Journal of Xinjiang University of Finance & Economics
On the Accelerating Effects of Public Investment on Economic Development in Xinjiang
DU Shu-zhang

Paper Summary

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Public investment in Xinjiang from 1990 to 2007 has boosted economic development, but the ratio of investment to GDP fluctuated. Most investment went to public infrastructure, with urban areas getting more than rural. Problems include unclear goals, excessive scale, and unbalanced focus. To improve, more investment should go to agriculture, rural areas, education, and technology.