The industrial core of Yinchuan Yuehaiwan Central Business District: headquarters economy

Experience shows that the economic function of the central business district is generally embodied in the mode of headquarters economy. With the rapid development of economic globalization and information technology, the economic structure has emerged new features: the corporate headquarters of large enterprises are separated from the processing and manufacturing bases of enterprises in space, and the headquarters are concentrated in the central area of the city, while the product manufacturing and processing bases are concentrated in areas with lower costs, thus forming a new economic form of central cities-headquarters economy.

In the headquarters economy, the region with concentrated headquarters has geographical advantages, which can attract more innovative elements such as capital, information and talents to flow to the region and occupy a high-end position in the division of value chain. Through industrial effect, consumption pulling effect, employment multiplier effect, etc. , the regional economic aggregate will expand, thus improving the comprehensive competitiveness of the regional economy.

While taking modern service industry as the leading industry, the central business district also takes the development of headquarters economy as the core of industrial structure. Relying on solid economic foundation and strong economic position, it has attracted many world consortia, multinational companies and well-known domestic enterprises to invest, and a large number of Fortune 500 enterprises and international financial institutions have set up branches, becoming the gathering place of various corporate headquarters. This is a distinct development trend of business district.

With the deepening of the "two-in-one" city construction strategy, the urban appearance of Yinchuan is changing with each passing day. Yinchuan, as the center of commerce, finance, information and culture in the Shaanxi-Gansu-Ningxia-Mongolia region and the "window" of opening to the outside world, has good external conditions, realistic foundation and comparative advantages for developing the headquarters economy, especially with the promulgation of the Interim Measures for Encouraging the Development of the Headquarters Economy in Yinchuan, Yinchuan has fully possessed the basic conditions and policy advantages for developing the headquarters economy.

The comprehensive ranking of economic development ability of Yinchuan headquarters ranks first among 30 prefecture-level cities around 500 kilometers, and ranks first in basic conditions, business environment and openness. Compared with neighboring cities, Yinchuan has obvious advantages in comprehensive resources, infrastructure, living environment and strategic location, and plays an important role in the development of headquarters economy.

Jinfeng district, located in the core area of Yinchuan, has a good location advantage, modern transportation network facilities, knowledge-intensive human resources, convenient information acquisition and communication channels with different places, and a diversified urban cultural atmosphere, which has the magnetic force to attract corporate headquarters to settle down, thus continuously improving Yinchuan's comprehensive competitiveness and regional economic cooperation. With the completion of the central business district, the headquarters economy will have a more mature development foundation, which will certainly drive Yinchuan's headquarters economy to develop and expand, and the development space will be broader.