Li Zhang, The Research of Regional and Local Economic Development in Intraprovincial Inequality.

Local Economic Development is also about imbalance within a region or country, and how to reduce this imbalance. Several things are important for this. First of all, both national and local government should introduce a policy which reduces the imbalance and create coordinated economic and development. This can be done via preferential treatments, tariffs etc. Secondly, infrastructure should be improved in order to improve the quality of the regional and local community. Third, education should be improved in order to increase innovation and thus local economic development. Lastly, sustainable development should be more enhanced which can be done by the national and regional government or by local leaders.

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