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ID152167
Title ProperFinancing urban growth in China
Other Title Informationa case study of Qujing, a medium-sized city in yunnan province
LanguageENG
AuthorTheurillat, Thierry
Summary / Abstract (Note)Illustrated by a case study on the urban development of a medium-sized city in China, this article develops a theoretical framework to help understand the role the financial system plays in the urban development model based on land in China. Three fields of literature have been used in order to link the various mechanisms between land, urban infrastructure, property development, and financing channels in urban production. The case study illustrates the many interactions between local government and real estate businesses, both state and private, as well as local banks, in order to create urban infrastructure that responds to “communal and public” needs and real estate objectives of a “private and individual” nature. In doing so, it highlights the fundamental role of capital in urban production in China.
`In' analytical NoteChina Perspectives , No.1; 2017: p.
57-68
Journal SourceChina Perspectives 2017-03
Key WordsChina ;  Urban Development ;  Financial System ;  Real Estate ;  Medium-Sized City