Search

As a national economic, political, and cultural center that ranks first in terms of openness to the outside world, the signing of the RCEP agreement has undoubtedly brought a series of opportunities and challenges to Beijing. Based on the analysis of the two main features embodied in the RCEP agreement, this paper precisely analyzes the areas where the RCEP agreement has a key impact on Beijing's economy and trade and points out the opportunities and challenges brought by the RCEP agreement to Beijing's economic and trade development. [ABSTRACT FROM AUTHOR]

As important carriers of local innovation activities, innovative industrial clusters are attracting increasing attention. Therefore, several countries have started promotion policies for innovative industrial clusters. However, there are few empirical studies on relevant policies. This paper investigates the impact of China's "innovative industrial cluster pilot" (IICP) policy on regional innovation. Taking the implementation of IICP policy as a quasi-natural experiment and using the panel data of 266 prefecture-level cities in China in 2008-2019, this paper provides strong evidence that IICP policy promotes regional innovation. The conclusion still holds after a battery of robustness checks. The heterogeneity test shows that the promoting effect of IICP policy on innovation is more significant in central and western region than in eastern region. Moreover, the lower the city administrative level and the lower the dependence on natural resource, the more prominent the innovation effect of IICP policy. Further, the mechanism test shows that the IICP policy can promote regional innovation indirectly by strengthening government support for innovation and attracting the agglomeration of science and technological talents, but the mediation effect of industrial structure has not been verified. [ABSTRACT FROM AUTHOR]