Logistics Factors in the High-Quality Development of Regional Economy: Evidence from Hubei Province, China

Against the background of accelerated transformation and upgrading of the regional economy, the development level of the logistics industry, as a key link to support industrial synergy and efficient allocation of resources, has been increasingly emphasized. In order to deeply assess the economic factors affecting the development of logistics industry in Hubei, this paper introduces the gray correlation analysis method, takes the cargo turnover as the main measurement variable, and analyzes the strength of correlation between each index and logistics development through Matlab2021a software by combining several aspects such as regional gross domestic product per capita, output of major industries, foreign trade and import and export, consumption level, scale of transportation network and employment status of the industry. The study shows that the correlation between the length of transportation routes and the number of employees is the most significant, highlighting the important role of infrastructure improvement and talent support. Hubei's logistics infrastructure continues to be optimized, and six cities have been included in the national logistics hub, showing good development potential and international competitiveness. In order to promote its further development, it is proposed to strengthen infrastructure and technology upgrading, cultivate professional talents, promote service innovation and industry integration, and other strategies, focusing on building an efficient and synergistic modern logistics network, and promoting the regional economy to realize high-quality transformation and upgrading.