Zhongguo tudi kexue · 2005 · 15 citations · 0 references
Social SciencesPublic FinanceUrban PlanningLocal FinanceUrban DevelopmentUrban EconomicsFinancing StrategiesLand Development EconomicsLocal Government FinanceLocal Public FinanceUrban ExpansionUrban Public FinanceCase Study EvaluationCase Study InterpretationLand Development FinanceLand Mortgage FinanceLand-use FinancingLocal Revenue GenerationUrban Land TaxationUrban Redevelopment Financing
The purpose of the paper is to study risks of running by loca l governments and to propose countermeasures. Method of case study was employed. T he results show financing has become an important source of local revenue a nd funds for urbanization. The urbanization since last 90s features governmentdominated urban expansion. The industrial taxation by urban expansion within loc al financial budget and remise income beyond financial budget have become r eal land revenue. The principal of reserve by the government is to purs ue the maximum benefit and the financing by mortgage. The new round of urban expansion is supported by funds of bank while the loan is driven by land.