The economically backward communist China chose to sever its links with the capitalist world. It had little choice but to fall back on its own resources and, for a brief period, on Soviet aid and advice. The model was to create a state-owned heavy industries sector from the capital accumulated from agriculture. As it was short of foreign exchange that it needed in order to buy technology and goods on the world market, China decided to substitute imports with domestic goods.

What is the name of the region that China regards as its renegade province and hopes to resolve its differences by integrating it closely with its economy?

Taiwan

China hopes to resolve its differences with Taiwan, which it regards as a renegade province, by integrating it closely into its economy.