Comparative research on the economic openness degree in henan province

This article established an index system for measuring the economic openness degree in Henan Province from three aspects like level of trade in goods, level of foreign capital utilization as well as level of trade in service. Then it conducted an empirical and comparative analysis on six central provinces in China by using factor analysis method. The conclusions are: Hubei and Hunan both belong to the first level with highest economic openness; Anhui, Henan and Jiangxi belong to the second level with relatively lower economic openness; and Shanxi is far away from all the other provinces in economic openness.