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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Op-Ed Contributors

Govt debt and urbanization

By Mike Bastin | China Daily | Updated: 2013-07-31 09:49

The key to any sustainable economic development program, with or without urbanization at its core, is planning even for the distant future, which is not the case with China now.

Urbanization is central to China's economic future but it should follow at a far more modest, gradual pace. The funding and spending worries will recede once this is made clear by the central government - and is accepted by all.

Any debate on urbanization should segment China's vast territory in regions according to their level of urbanization/modernization and need for further urbanization. Following the example of the special economic zones (SEZs), the central government could now think of establishing a few "special urbanization zones" (SUZs). For funds, it could work closely with the private sector and provide good enough incentives to attract foreign direct investment (FDI). Till date, 80 percent of all FDIs in China has flown into the eastern coastal provinces, not far from the SEZs. Maybe it's time to direct some of it toward SUZs.

This, however, does not mean the local governments will lose their importance. They still have a crucial role to play in SUZs despite the funding and spending being channeled through the central government and sourced from the private sector. The local governments, or rather those that are part of the initial SUZs, will be best placed to direct and coordinate investment most effectively. But while doing so they have to keep longer-term societal benefits in mind and forget about making short-term gains.

Many would justifiably argue that the SUZs, no matter how many in the initial stage, should be close to China's first-tier cities and/or SEZs. But such is the economic gap between East and West, and urban and rural China that there is a real danger that it may never be bridged. Such a divide may prevent future "trickle-down" effects from spreading across China.

Therefore, the SUZs, maybe four initially, should be in North and West (or Southwest) China and as geographically apart as possible from each other. SEZs and East China were the sine qua non of China's economic emergence. Perhaps it is time for SUZs and West China to take the country through the next phase.

The author is a researcher at Nottingham University's School of Contemporary Chinese Studies and visiting professor at China's University of International Business and Economics.

Previous 1 2 Next

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美日韩成人 | a级片在线免费看 | 性生活视频网 | 黄页网址免费观看18网站 | 精品国产夜色在线 | 高清国产亚洲va精品 | 日韩亚洲欧美一区二区三区 | 午夜私人影院免费体验区 | 日本色中色 | 黄色网网址 | 日产一一到六区网站免费 | 亚洲成人aa | 日本一级在线观看 | 日本一级在线观看 | 久草青青视频 | 国产亚洲精品激情一区二区三区 | 久草在线视频新时代视频 | 国产精品久久久久亚洲 | 91中文字幕网 | 欧美一级手机免费观看片 | 国产精品久久久久一区二区 | 久久亚洲人成国产精品 | 国产真实自拍 | avav男人天堂 | 免费国产不卡午夜福在线观看 | 日韩精品免费一区二区 | 久久香蕉国产视频 | 性感毛片 | 女性无套免费网站在线看 | a天堂中文在线官网 | 亚洲美女一级片 | 欧美人与zoxxxx另类9 | 手机午夜看片 | 91久久线看在观草草青青 | aaa免费看| 免费高清不卡毛片在线看 | 亚洲国产精品成人午夜在线观看 | 日韩三级黄色 | 久久成人免费大片 | 99热在线观看 | 成年美女黄网站色视频大全免费 |