| Summary: | In China, the special economic zone's development has been into a diverse era.
Liaoning coastal economic belt zone is a good representative. In 2005, the Liaoning
provincial government started to establish a new special economic zone in the
significant coastal cities' areas. In 2009, the development of Liaoning Coastal
Economic Belt Zone became a national strategy. The fast development of LCEBZ
attracted people's sight. LCEBZ sets heavy industry and marine economy as the core
of the industrial composition is also very unique. This paper is trying to use LCEBZ
as an example to explain the unique development model in the special economic
zones during the new era. The paper will state the industrial structure of LCEBZ and
find out the motivation for the establishment and industrial composition in this area.
Finally the paper is hoping to make a conclusion and give some policy
recommendation for LCEBZ's long term development. The main argument of this
paper is that the unique heavy industry based industrial structure development model
of LCEBZ is the new development trend for the needs of special economic zones and
the reflection of the national strategy. It is a good phenomenon to see that LCEBZ
does not totally copy the traditional development model. LCEBZ can take advantage
of its resource and industrial benefits. Through the establishment of special economic
zones, LCEBZ can upgrade its industrial system and achieve sustainable development.
LCEBZ can form the new economic growth pole in northern China and diffuse its
technology and capital to help surrounding region's development. For the further
development of LCEBZ, the relationship between the government and market should
be more harmonious. LCEBZ's regional clusters brand core competitiveness also
should be strengthened. The industrialization and urbanization process in LCEBZ is
still needed to be promoted.
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