Research on Economic Development Level of 31 Provinces in China Based on Factor Analysis

Through the understanding of the economic development characteristics of each province and city, combined with the specific situation of each region and the availability of data, to construct an appropriate index system that affects the level of economic development and explore the economic development level of 31 provinces and cities in China in 2019. The conclusion is that there are apparent differences in the level of economic growth between China's east and west and north and south, coastal and inland areas in 2019. It also gives policy suggestions for analyzing concrete problems, allocating resources rationally, and perfecting policies and regulations.