China Urbanization

New urbanization ignition engine: infrastructure and large consumer fly together

Published: 8:11:29 2015/2/5 8:11:29 Views: 4

Integrated pilot scheme landed, Jiangsu and Anhui provinces and Ningbo and other 62 cities (towns) Pilot
○ ⊙ reporters in Sangmyung edited by Kat

February 4, the National Development and Reform Commission issued notice << new urbanization comprehensive national pilot program >> (hereinafter referred to as << plan >>). Under the program, the Jiangsu and Anhui provinces and Ningbo and other 62 cities (towns) column new urbanization comprehensive national pilot areas. program shows that the pilot will begin before the end of 2014, and according to the situation continue to improve the program, to 2017 the pilot task to achieve substantive results, the formation can be copied, can be extended experience, 2018 to 2020, and gradually promote the successful experience of the pilot areas in the country.

'We should give full play to the role of co-ordination of inter-ministerial meeting, held regular meetings beginning of each year, the annual summary assessment of urbanization to promote the work of the deployment of the focus this year.' Said Zhu Zhixin, deputy director of the National Development and Reform Commission, the future is the main starting point focus on solving the existing 'three 100 million people' issue, the full release of urbanization in promoting sustained and healthy economic development potential(http://www.fireinews.com/). In this regard, a number of securities analysts pointed out that urbanization will make China's urban construction and consumption rises two plates including food, clothing, health care, education and other areas of consumer culture and entertainment, as well as real estate, home appliances and automotive industries to benefit from the new urbanization is still tremendous potential.

Urbanization or a new economic engine

The past two years, the 'urbanization' is to discuss the new engine of China's economy has been a wave after wave, but in the development of urbanization, intensive time and the specific embodiments. This shows the complexity of urbanization, but more meaning with its huge economic potential of the whole impetus to China.

For questions about China's response to the economic risks, Premier Li Keqiang on January 21 to attend the World Economic Forum in Davos, Switzerland, the International Business Council on behalf of the dialogue had said that at present, China's real estate market, there have been some fluctuations, but in China Urbanization is steadily advancing, huge potential.

'New urbanization will bring China's economic growth potential great power. However, urbanization is not blind expansion of the city, but about economic development and urban construction, but also involves the spatial layout, regional coordination and support a series of very complex system construction question. 'NDRC cities and small towns of reform and development center deputy Ren Qiaorun make zhengbao told reporters that human-centered new urbanization, population transfer is to take agriculture as the primary task of the public, through deepening integration of urban and rural rid hinder of institutional obstacles to development.

'The launch of the pilot program marks a new urbanization comprehensive experimental work was officially launched (Finance News http://www.fireinews.com/).2015 year, five new urbanization pilot work tasks can be achieved may be based on a sound mechanism for greater progress in local government bonds on behalf of the investment for urban reform and financing mechanisms Far from the power overnight household registration system reform, land reform, adjustment of administrative divisions so. 'Ping An Securities [microblogging] research report says.

Infrastructure and large consumer fly together

<< >> Proposed scheme, the main task of the pilot are: to establish agricultural work to the public of the cost-sharing mechanism, the establishment of sustainable urbanization diversified investment and financing mechanism, reform and improve the rural homestead system, explore the establishment of administrative innovation and administrative costs of the new management model, a comprehensive mechanism for promoting reform and innovation.

Program requirements, strengthening synergies between sectoral policies to promote the new urbanization policies and reform initiatives landed the lead in the pilot areas, including: improving transfer payment, the provincial government borrowing would like to use the directional tilt pilot areas, migrant workers vocational skills training urban construction of affordable housing, municipal infrastructure improvements, industrial development and other related industries to relocate to the policy, moderate tilt to the pilot areas.



To be sure, in 2015 the construction of new urbanization will continue to advance with the various aspects of the reform and make new progress, but given the complexity of the various aspects of the reform, the new urbanization will continue to be a gradual process.

However, urbanization will make China's urban construction and consumption rising two plates are quite optimistic about the prospects.

In this regard, CSC believes that the new urbanization 'people-oriented' hukou reform significance. The new one urbanization boost investment in infrastructure, key areas and weak links will benefit significantly, construction accelerated. At the same time, urbanization is consumption growth 'accelerator.' In promoting urbanization, analysts bullish enhance food, clothing, health care, education and other areas of consumer culture and entertainment real estate, home appliances and automotive industries to benefit from the new urbanization is still tremendous potential.

In addition, from the perspective of the reform of the dividend, the analysis report of the Agricultural Bank of Strategic Planning Department believes >> << program may make the equalization of public services in pilot areas will accelerate the pace of local bonds and PPP financing will speed up the process of agricultural land system reform will speed up the administrative system and property rights and other powers to accelerate change, changes in these four reforms concern.