| Titre | Financing Urban Growth in China | |
|---|---|---|
| Auteur | Thierry Theurillat | |
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Revue | China perspectives |
| Numéro | no 2017/1 Urban Planning in China | |
| Rubrique / Thématique | Special feature |
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| Page | 57-68 | |
| Résumé anglais |
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. Source : Éditeur (via OpenEdition Journals) |
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| Article en ligne | http://journals.openedition.org/chinaperspectives/7203 |
