The Construction of Chengdu New Economic Index and the Measurement of Industrial Development

Chengdu has already led inland cities in developing new economic industries and has become a highland for the development of new economic industries. This paper establishes an index system that comprehensively reflects the development of Chengdu's new economy. It uses the Cobb-Douglas production function to synthesize the Chengdu New Economic Index. On this basis, it quantitatively measures the development of Chengdu's new economic industry. The study believes that the development level of Chengdu's new economic industry is in a relatively leading position in the country, but it still has a certain gap with coastal developed areas such as Beijing, Shanghai, Guangzhou and Shenzhen.

New economic index; Industrial development; New normal economy

Lijun Ran, Jinyang Liu and Sheng Zhu. The Construction of Chengdu New Economic Index and the Measurement of Industrial Development. 2019 Asia-Pacific Forum on Economic and Social Development (APFESD 2019). 2019, Vol.2: 51-56.