| Summary: | Regional economic development can be enhanced through the
development of an airport economy that includes: changing the regional
elements endowment at the micro scale, coupling with regional industries
at the medium scale, and accelerating tax revenues and employment
growth at the macro scale. As a representative example of the Chinese
airport economy, the Zhengzhou Airport Economic Zone (ZAEZ)
has played a significant leading and demonstrating role in the following
fields: deepening the system reforms in an all-round way, promoting
the "synchronization of five modernizations", building "one carrier and
four systems", constructing "Four Henan", advancing the structural
reform of supply-side and integrating the resources of the Henan airport.
This article concludes: The supply-side structural reform needs to be
accelerated and integrated into the international frontiers under "the
Belt and Road" initiative. The ZAEA development has promoted the
innovation of regional development patterns and showed the tendency
toward the "five modernizations" of future regional development. The
airport economy has developed rapidly based on the international aviation
transportation system, and may change the traditional development
patterns of regional centers located in coastal areas, and open a new era
of regional development in the inland regions.
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