In twenty years of reform in China, the key development has been the opening-up of the market to foreign trade and international investment. This increased economic openness has been accompanied by profound changes in both economic organisation and regional disparity. This comprehensive book...

This paper focuses on two aspects being neglected in the analysis of agglomeration tendencies so far. First, it regards regional agglomeration patterns and secondly, the allocation of capital across industrial sectors. Indeed, the average relative concentration of capital turns out to be of a...