High-speed rail boosts industrial upgrading, reshapes regional economies in China.
China's economy is shifting towards high-quality development, with industrial upgrading being crucial for future growth. A study on high-speed rail construction shows it significantly improves cities' industrial structures by promoting labor flow, economies of scale, and technological innovation. This leads to better resource allocation and higher-level industrial changes, benefiting less developed cities. High-speed rail boosts industrial division of labor, resource efficiency, and economic development, but not all cities see the same positive effects.