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Region: Economics and Sociology

2019 year, number 3

Current Economic and Institutional Capabilities of PRC Xinjiang Uygur Autonomous Region with Regard

G.D. KOVALEVA1,2, M. AIHEMAITI2
1Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Sciences, Novosibirsk, Russia
2Novosibirsk National Research State University, Novosibirsk, Russia
Keywords: Синьцзян, политика открытости, динамика, прогнозы, экономика, экспорт, импорт, ресурсы, потенциал, торговое трансграничное сотрудничество, Xinjiang, open-economy policy, dynamics, forecasts, economy, export, import, resources, capabilities, cross-border trade cooperation

Abstract

The current stage of Chinese-Russian relations, aimed at inclusive cooperation development, determines the relevance of studying the foundations of interregional cooperation in a single Central Asian transboundary area. The article is devoted to the development trends, status, capabilities, and features of the Xinjiang Uygur Autonomous Region (XUAR) in the context of China’s state plans for opening the economy and improving its western regions. We estimate the actual status of XUAR’s resources and foreign trade based on Chinese statistics and mainly Chinese research. The article demonstrates how highly efficient the state administration is in terms of carrying out plans for the economic and social growth in the XUAR during the course of national program implementation; moreover, it discusses the current issues and priorities for socio-economic development and interregional cooperation.