SWOT Analysis of the Regional Economic Development of Western Part of Guangdong Province — Take Zhanjiang City as a Case Study

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v3i2.774

Rui Zhang, Xinwen Zhong

School of Foreign Languages, Zhanjiang University of Science and Technology, Zhanjiang, Guangdong, China

Abstract

The western part of Guangdong is an important part of Guangdong province, it owns myriads of natural resources, special geographical location, and stores rich crude oil. And economic development of western Guangdong will have significant impact on economic development of its surrounding provinces, such as Guangxi and Hainan. And Zhanjiang, as a center city in the western part of Guangdong province, plays an essential role in the economic development of the western Guangdong, and her economic development would fuel the development of three regions: Guangxi, Hainan and Guangdong. So, in this study, it will take Zhanjiang city in the southwest of Guangdong Province as an example, and will make a SWOT(An acronym for strengths, weaknesses, opportunities and threats)analysis of Zhanjiang's economic development factors on the basis of three national dividend policies, Outline Development Plan for the Guangdong-Hongkong-Macao Greater Bay Area, Development Planning of Guangxi Beibu Gulf Economic Zone, and the Overall Plan for the Construction of Hainan Free Trade Port, and then it would put forward the author's suggestions on how to make good use of the strengths and opportunities of this region from the perspective of regional economics.

Keywords

SWOT analysis, regional economics of Zhanjiang, development suggestions

Funding

Key Project of Zhanjiang University of Science and Technology in 2019 (CJKY201802)

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