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Research on the Compatible Development Model of International City and Street-Stall Economy—Take Shanghai as an Example

In: Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)

Author

Listed:
  • Cairou Yu

    (Tianjin University of Finance and Economics, School of International Business)

Abstract

The street-stall economy is the product of the development of human society to a certain stage. It has played a certain role in providing transitional jobs for the unemployed, ensuring the livelihood of the vulnerable groups, promoting the sustained recovery, recovery of the economy and meeting the consumption needs of consumers at different levels. International cities are highly functional and serve the whole world. It is required to continuously attract global technology, funds and talents with a good urban image order, so as to continuously empower the world's economic development. However, the stall economy is not easy to be regulated. As it causes varying degrees of impact on urban traffic and environment, it is contrary to the development of an international city. Therefore, it is necessary and urgent to study how to grasp the dual role of the stall economy and give full play to its advantages to promote the sustainable development of an international city. Through literature method and summing-up method, this paper analyzes the government policies, area distribution, economic benefits and characteristic culture of the local street-stall economy, taking the representative international city Shanghai as an example. By analyzing its practical significance and existing problems, the author summarizes the contradiction between the international city and the street-stall economy. Based on the coordination between the government and the commercial groups, it constructs a windmill model of compatible development of street-stall economy and international cities, from the perspective of innovation, consumption, mobility, benefiting the people and relevance. In the specific exploration and summary of the compatible mode, the author summarizes the exploration direction of the development of the street-stall economy of the international city. It constructs the compatible development mechanism of the street-stall economy and the international city from the four aspects of doing a good job in government planning, innovating multiple projects, creating brand characteristics, and relying on scientific and technological forces.

Suggested Citation

  • Cairou Yu, 2023. "Research on the Compatible Development Model of International City and Street-Stall Economy—Take Shanghai as an Example," Advances in Economics, Business and Management Research, in: Vilas Gaikar & Min Hou & Sikandar Ali Qalati (ed.), Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022), pages 520-528, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-054-1_56
    DOI: 10.2991/978-94-6463-054-1_56
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