Zhejiang Province Foreign Economic Openness Impact On Industry Structure

In the global economy and the international industrial transfer in the background, Zhejiang Province, located in the forefront of China’s foreign economic open areas, and will also develop its industrial structure from primary to high-class direction. Foreign economic liberalization is also an important role in the current reality demands of industrial restructuring, play a crucial role in economic development.The correlation between this study and its impact Zhejiang Foreign Economic Openness and industrial structure, in summarizing the existing classical theory and research results based on comprehensive analysis of the composition of the realities of Zhejiang Province Foreign Economic and industrial structure and external economic openness degree of impact on industrial structure optimization, and analysis of various aspects of the Effect of Foreign Economic construction of Zhejiang Province, openness and industrial structure optimization of the two comprehensive index by statistical analysis and empirical analysis.The results show that the impact of foreign trade openness, Zhejiang Province, the largest foreign economic openness, openness and vulnerability to external economic fluctuations in the world economy. The use of factor analysis and internal analysis of industrial structure optimization of the industrial structure obtained in Zhejiang Province showed that there was a significant positive correlation between the interior of the first four sectors industry, secondary industry and the construction industry in the two industries do not exist there is a certain degree of positive correlation significant correlation between the tertiary industry internal transport, storage and postal industry and the wholesale, retail and accommodation, catering industry. Not only that, there are also a certain degree of correlation between the different sectors of the three industries. Among them, the relevance of agriculture, forestry, fishery and industrial smallest, almost correlation does not exist, but animal husbandry and industry there is a degree of negative correlation; negative correlation existed between the agriculture and fishery and construction; agriculture, forestry, animal husbandry and fishery transportation, storage and postal services, wholesale, retail and lodging industry there is a certain degree of positive correlation between the presence of the other three services industry with a negative correlation.From empirical analysis by constructing vector regression model (VAR), pulse effects, vector error correction (VEC) models show that the impact of external economic openness, Zhejiang Province, the industrial structure does not exist or is weak in the short term, in the medium and long term memory in a positive influence. Optimization of industrial structure optimization in the short term memory endogenous inertia, but in the long-term trend in the absence of endogenous optimization. If you receive an external economic openness to external shocks, it will optimize the industrial structure to bring more significant negative effect in the short term will cause deterioration of the industrial structure, but the long-term effects are not obvious.