Huang TAOPeter the Great St. Petersburg Polytechnic University, St. Petersburg, Russian Federation william745@mail.ru ORCID id: not available
Subject. This article considers the key economic parameters of the Chinese economy. Objectives. The article aims to group the regions of China by economic development level. Methods. For the study, we used the k-means method. Results. Based on the clustering of China's regions by economic parameter, the article determines the ranges that help subsume a region under a particular category, and describes four categories of provinces according to the growth rates of economic indicators and economic growth factors. Conclusions. It is necessary to classify the regions of China to determine the areas of transformation of the regional economic structure to ensure the transition to an intensive development model. It is also necessary to develop recommendations for the even and balanced development of regions.
Keywords: clusterization, Chinese economy, regional development, economic modeling
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