Policy And Effect Analysis On Reindustrialization

The development route of old industrial area mainly focuses on consumingresources and this is not definitely a sustainable way. Consequently, a series of issues willimpede future growth of the area. There is a great deal of methods to reform the oldindustrial area in the world. Some of them are successful, while some fail finally. Basingon previous experience, getting measures from successful cases and learning lessonsfrom failure cases are of significance for old industrial areas in our country and then theold areas will develop better.Two major points should be concentrated for reindustrialization. One is the previousindustrialization, which indicates domestic economy relies on heavy and chemicalindustry in its initial phase. Another is that the reindustrialization bases on previousindustrialization, while the reindustrialization differs from the previous industrialization.Reindustrialization pays much more attention to upgrading economic structure andpromoting the emerging economy. During the process, the tertiary industry plays a keyrole and sustainable development of economy is our ultimate goal.Firstly, the essay introduces the concept and major methods of reindustrialization. Itis followed by the development of Ruhr Industrial Area. Then the essay explains themeasures and effect analysis of reindustrialization in the Ruhr Industrial Area. The aboveanalysis will provide the old Northeastern Industrial Base with experience on upgradingits economy and then enhances the Base to develop better.