The Airport Economy Development of ZAEZ's Innovation on the Regional Development Pattern

Regional economic development can be enhanced through the development of an airport economy that includes: changing the regional elements endowment at the micro scale, coupling with regional industries at the medium scale, and accelerating tax revenues and employment growth at the macro scale. As a representative example of the Chinese airport economy, the Zhengzhou Airport Economic Zone(ZAEZ) has played a significant leading and demonstrating role in the following fields: deepening the system reforms in an all-round way, promoting the "synchronization of five modernizations", building "one carrier and four systems", constructing "Four Henan", advancing the structural reform of supply-side and integrating the resources of the Henan airport. This article concludes: The supply-side structural reform needs to be accelerated and integrated into the international frontiers under "the Belt and Road" initiative. The ZAEA development has promoted the innovation of regional development patterns and showed the tendency toward the "five modernizations" of future regional development. The airport economy has developed rapidly based on the international aviation transportation system, and may change the traditional development patterns of regional centers located in coastal areas, and open a new era of regional development in the inland regions.