Abstract
Different modes of governance will certainly have different impacts on the development of the inland waterway network and inland shipping economy on the Yangtze River and Pearl River in China. The inland waterway transport (ANT) economy on both rivers has recently been considered part of the national economic strategy, and it is necessary to analyze the differences between the two modes of governance applied on the arteries of the Yangtze River and the Pearl River and to explore their different impacts on the development of waterway systems. First, this paper considers the Pearl River Economic Belt as an example for comparing the effects of different modes of governance on the development of IWT systems. Second, from the perspective of systems theory, the economic structures of IWT systems under different modes of governance are described. Third, data are collected from inland shipping industries in the Pearl River system, and system dynamic (SD) models of the IWT system are constructed using the Vensim PLE software suite. Finally, the SD models are employed to compare the differences in the development of spatial patterns of waterway systems under two modes of governance and different investment structures.