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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Nov. 22 (Xinhua) — China's county-level economic development theory provides valuable inspiration and experience for developing countries around the world in resolving the dual structural contradiction between urban and rural areas and achieving sustainable development, a think tank said in a report.
The report, titled "County Economy in the New Era," was released Friday by the Xinhua Institute, a national-level think tank affiliated with the Xinhua News Agency, at the Belt and Road International Think Tank Cooperation Forum held in Nanjing, east China's Jiangsu Province.
The trickle-down theory suggests that the trickle-down effect occurs between economically developed and underdeveloped regions, the report says, noting that as developed regions rise, resources and factors of production flow from underdeveloped regions to them, weakening the economic potential of underdeveloped regions and exacerbating their development problems.
According to the report, the development of China's county-level economies demonstrates that county-level areas are not simply peripheral units passively exposed to the radiation effects of central cities. They can, like central cities, foster the formation of independent growth poles through internal drivers.
County districts are no longer mere "appendages" of urban agglomerations; they are fundamental economic units with autonomous capabilities for value creation and self-sufficiency. Their development trajectory marks a shift in regional economic structures from "peripheral followers" to "multipolar coexistence," offering Latin American, African, and other developing countries facing urban-rural dualism valuable experience in "non-exploitative urbanization," the report notes.
The paper also highlights the pioneering innovations of Chinese counties in renewable energy, green offsetting, and low-carbon agriculture, demonstrating their role in providing technical and management expertise to small and medium-sized cities around the world to respond to climate change and achieve green transformation. -0-
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