Topicality. Creating of sustainable infrastructure and promoting of inclusive and sustainable industrialization and innovations is one of the aims of sustainable development of the state, approved by the United Nations, that implemented by the Government of Ukraine as a basis for future economic development policy. In the process of studying of the state's sustainable development, setting aims and finding ways of realization important place takes the research of industrial development and innovations, that takes into account the national specificity of the state's institutional development and the existing socio-economic situation on the principles of glocalization. This will take into account the interests of local communities, involve them in cross-border and international economic relations and will enable them to take part in globalized markets on the basis of local preferences and features.Aim and tasks. The aim of the article is to formulate the conceptual foundations and work out scientifically grounded application tools that are used as a methodological approach to study the existing level of industry and innovation development and to find ways to improve it using billateral joint of local resources and abbilities with preferences and conditions of global markets.Research results. The authors developed a complex of indicators for assessing the level of compliance of national industry, innovations and infrastructure with modern requirements for improving of the economic efficiency and "ecologization" of the economy through resource conservation and reuse of resources on the basis of glocalization. Data from the State Statistics Service of Ukraine, the Ministry of Economic Development and Trade of Ukraine, data from international rating agencies were the basis for the information provision of monitoring of the state of industry, innovations and infrastructure. According to the revealed tendencies, measures are proposed to regulate the development of industrial production, innovations and infrastructure on the principles of glocalization, the introduction of the postulates of the "green" and circular economics, in particular - economic and organizational stimulation of non-waste production through the application of tax holidays, priority in the competition for funding from the State Fund for Regional Development such projects that include non-waste treatment of garbage, complex industrial recycling of secondary or non- raw material without waste generation, as well as on the basis of the introduction of innovative domestic technologies.Conclusion. The revealed patterns of ecologization of domestic industrial production in Ukraine on the basis of glocalization point to the low capacity of industrial non-waste recycling of garbage and the insignificant level of use of circular technologies in the production process, that confirms the fact of uncertainty of terms and prospects of the realization of the idea of decoupling and the introduction of industrial activities on the basis of environmental and the achievement of zero waste level. The implementation of innovations using low-waste, resource-saving technological processes remains at an average-low level and in a year does not exceed 30-35% from the total number of implemented innovative technological processes, while the share of innovation activity and expenses for scientific developments in the total GDP volume is constantly shrinking. The level of penetration of a comfortable and well-developed infrastructure in the areas of infocommunications, in addition to Internet services, and road networks remains rather low and determines the prospects for further growth.
Tax Arrangement and Regional Industrial Restructuring: Evidence from Panel Data in China
