A Study on the Economic Structure Development of the Xinji County Under the Background of Coordinated Development of Beijing, Tianjin and Hebei

Purpose - The purpose of this study is to investigate the impact on China’s Beijing-Tianjin-Hebei coordinated development strategy policy, and to formulate economic structure development strategies for the county-level city, Xinji, in Hebei. Design/Methodology/Approach - This research uses the relevant Industrial Gradient Transfer Theory, Comparative Advantage Theory and Competitive Advantage Theory to find the position of the Hebei Province in this coordinated development. From the perspective of the economic structure of a county-level city, a fundamental economic unit in the Hebei Province, SWOT is used to analyze how it should connect to the coordinated development of Beijing, Tianjin and Hebei, making the results of the analysis more convincing. Findings - Industrial transfer in the Beijing-Tianjin-Hebei region is a significant strategy, and Hebei, which is in a relatively less developed economy, should adopt effective strategies. Through the industrial transfer of Beijing, Tianjin and Hebei, the non-capital function of Beijing can be extricated, resources can be better utilized, and the economic and spatial structure of Hebei can be modified more, thus exploring a new coordinated development of Beijing, Tianjin and Hebei. Research Implications - This paper explains the recent trend of increasing importance of Beijing-Tianjin-Hebei coordinated development. It also provides a new concept of economic structure for the Hebei which is in the lowest position of the economy and politics among the three synergy partners. This study attempts to provide a comprehensive development strategy for the economy of Xinji within the framework of economic structure development.