Economics and Finance

Our PhD students

Yu Teng

  • Role Title: PhD student
  • Address: Richmond Building Portland Street Portsmouth PO1 3DE
  • Telephone: tbc
  • Email: vilvpa@hotmail.com
  • Department: Economics and Finance
  • Faculty: Portsmouth Business School

Biography

Nationality:                   Supervisor:  Dr Ioannis Chatziantoniou/Dr Adam Cox                           Year of graduation:

I am a research student in the subject group of Economics and Finance at the University of Portsmouth. I hold a MSc. in Business, Economics, Finance and Banking(University of Portsmouth) and a BA in Finance (Southwestern University of Finance and Economics).

This thesis focuses mainly on the regional distribution of China’s tourism development and consequences of this for China’s regional economic growth as well as the ecological environment protection.

With the development of the leisure economy, people are having more free time and disposable income to enjoy their leisure life. Tourism continues to be one of the world’s largest industries and fastest growing economic sectors (WTTC, 2011; Thakur, 2014; Li, Chen, Li, & Goh, 2016). In 2014, under the background of slow global economic growth and stabilisation in China’s economy, tourism sector investment continued to grow rapidly (China Tourism Research Institute, 2015, p.2).

The growth in China’s tourism industry is not evenly distributed across all regions. According to data taken from ‘The Yearbook of China Tourism 2014’, the inbound tourism revenue in the top ten provinces accounted for 82.7% of the total inbound tourism revenue in China. Furthermore, the domestic tourism revenue of these provinces accounted for 64.32% of the total domestic tourism revenue. As the result, Williams and Shaw said that tourism distributes development from economic centers to less developed areas (Li, Chen, Li, & Goh, 2016). The characteristics of the regional differences of tourism development are similar to the spatial distribution of regional differences in economic development in China, indicating a correlation between the two. This regional disparity issue is a major problem for the long-term economic development in mainland of China (Ying, 2000; Wan, Wang, Fu, & Ma, 2013). It is not conducive to the sustainable development of regional economy.

Tourism as an increasingly important economic industry, which accompanied by the transfer of material capital and the spread of knowledge, has become an effective means to promote regional economic development and narrow the regional development gap (Durbarry, 2004; Jackson, 2006; Li, Chen, Li, & Goh, 2016). However, some scholars hold a different view that the tourism development may lead to a widening regional gap (Seckelmann, 2002; Parrilla, Font, & Nadal, 2007). Thus, the analysis of the impact of the development of China’s tourism industry on regional economic differences, explores the relationship between them will have a positive impact on the tourism development policy making in China.

Furthermore, regional economic growth and tourism expansion may lead to a huge economic growth and social benefits in a positive aspect. However, it may also damage to the natural environment, as the environment capacity is limited. When the trend of deterioration of the environment is irreversible, it may finally to restrict the development of both economy and tourism (Sajjad, Noreen & Zaman, 2014). Therefore, how to balance the regional economic growth, environment and tourism development has become one of the major issues to solve of the academic community and local governments.