The industrial upgrading of the Yangtze River Delta region is the key to the growth of this most critical area of China. Conflict and Harmony: Development of the Yangtze River Delta looks at the evolution of the relationships between local government and enterprises during this time of economic transition in the region. The book also considers issues of labor transfer, foreign direct investment-led growth, and the spillover effects of indigenous technology innovations in the Delta. 1. Detailed overview of the industrial structure of the Yangtze River Delta 2. Comprehensive examination of the convergence of economic development patterns and local government competition 3. In-depth analysis of the foreign investment-led growth model and distribution of income 4. Unique insights into the economic growth and new financial changes occurring in the Yangtze River Delta

The shift in economic development to the fast-rising industrial value chain is regarded as the key to the future of the Yangtze River Delta (YRD). This book provides a long-term study of the economic growth of the YRD. It compares the region's previous importance with its present economic growth, structural change and institutional reform. The book also provides detailed institutional and empirical studies on the fast rising value chain, the mode of development, mechanisms, behavior and performance of the modern service sector in the YRD.