www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

News >Bizchina

Urbanization could cost 24 trillion yuan

2010-09-23 09:17

Urbanization could cost 24 trillion yuan
 
A resident in Shenyang, capital of Northeast China's Liaoning province, shoots on Wednesday the carriages of the city's first subway line. More than 100 local residents were invited to experience the line's trial run that day. [Xinhua]

BEIJING - China may need to invest up to 24 trillion yuan ($3.6 trillion) in urban infrastructure by 2020 to accommodate the increasing number of rural residents moving to the cities, according to a new report by a government think tank.

China's urbanization rate is currently around 47 percent and is increasing by about 1 percentage point each year. If the nation continues its urbanization-friendly policies, the rate could rise to 65 percent by 2020, according to the report released on Tuesday by the China Development Research Foundation.

To accommodate this increase in the urban population, the report said the country may need to invest at least 16 trillion yuan in roads, railways, power plants, water systems and social services. But it added that this could be a conservative estimate.

"If the ratio of urban infrastructure investment to the country's gross domestic product reaches 4 percent, which is the average rate in developing countries, then the total investment could amount to 24 trillion yuan."

New transportation networks, including roads, bridges and subways, will account for about 56 percent of the estimated investment, the report said.

Financing the expected urban expansion poses a major challenge.

The report said that in 2008, about 32 percent of the funding for urban infrastructure came from the government, 30 percent from bank loans and the remainder from the relevant enterprises. However, at present, all local government finance channels rely on land prices, as they either sell land to raise money or use land to secure loans.

Such a financing model will not be sustainable, the report concludes. Once the property market cools, it will have a detrimental effect on the ability of local governments to raise funds.

To meet the projected financing requirements, the report suggests non-State investors should provide a larger proportion of funds for future urban infrastructure projects.

Related News:

主站蜘蛛池模板: 日韩在线不卡一区在线观看 | 91热国产| 欧美13一14sexvideo欧 | 亚洲高清视频在线 | 国产黄色网 | 国产一区二区三区四区在线 | 国产成人精品久久综合 | 欧美一级毛片无遮挡 | 国产精品视频网址 | 日本理论在线播放 | 精品一区二区三区波多野结衣 | 在线一区播放 | 国产中文字幕视频 | 伊人资源 | 成人观看免费大片在线观看 | 欧美一级毛片无遮无挡 | 日本黄网站高清色大全 | 一级毛片私人影院老司机 | 久久午夜精品视频 | 欧美毛片性视频区 | 91久久国产露脸精品免费 | 日产一区2区三区有限公司 日产一区两区三区 | 欧美在线播放成人a | 精品午夜寂寞影院在线观看 | 国产精品拍拍拍福利在线观看 | 久久精品视 | 91精品国产高清91久久久久久 | 亚洲最黄视频 | 亚洲网站黄色 | 99精品免费 | a级男女性高爱潮高清试 | 欧美极品大肚孕妇孕交 | 一区二区三区四区视频在线 | 成人小视频在线观看免费 | 亚洲成人播放 | 久久网站在线观看 | 国产成人精品实拍在线 | 日日干日日操日日射 | 99在线精品免费视频 | 爽爽爽爽爽爽a成人免费视频 | 成 人 黄 色 视频播放16 |