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Finding a Peaceful Road to Urbanization in China

Author

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  • Cai, Zhaoyang
  • Liu, Zhexi
  • Zuo, Siming
  • Cao, Shixiong

Abstract

Urbanization and socioeconomic development require huge investments. However, the history of developed countries suggests that an inefficient tax and financial system cannot meet this demand for investment. Historically, this has forced some countries to expand outward to secure the necessary resources, and this has caused great harm through colonialism and warfare. Therefore, finding a peaceful road to achieve urbanization and socioeconomic development is a crucial issue facing human society, particularly in developing nations. To provide insights, we examined China's land transfer model, which has made huge amounts of money available to support the infrastructure construction that accompanies urbanization and socioeconomic development. However, this approach also creates a serious risk of a financial and debt crisis that can jeopardize social stability and undermine future development.

Suggested Citation

  • Cai, Zhaoyang & Liu, Zhexi & Zuo, Siming & Cao, Shixiong, 2019. "Finding a Peaceful Road to Urbanization in China," Land Use Policy, Elsevier, vol. 83(C), pages 560-563.
  • Handle: RePEc:eee:lauspo:v:83:y:2019:i:c:p:560-563
    DOI: 10.1016/j.landusepol.2019.02.042
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    References listed on IDEAS

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    1. Wu, Jing & Gyourko, Joseph & Deng, Yongheng, 2012. "Evaluating conditions in major Chinese housing markets," Regional Science and Urban Economics, Elsevier, vol. 42(3), pages 531-543.
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    4. Deng, Ping, 2004. "Outward investment by Chinese MNCs: Motivations and implications," Business Horizons, Elsevier, vol. 47(3), pages 8-16.
    5. Zhang, Junze & Yu, Zhongqi & Yu, Tengfei & Si, Jianhua & Feng, Qi & Cao, Shixiong, 2018. "Transforming flash floods into resources in arid China," Land Use Policy, Elsevier, vol. 76(C), pages 746-753.
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    Cited by:

    1. Li, Zeyang & Luan, Weixin & Zhang, Zhenchao & Su, Min, 2020. "Relationship between urban construction land expansion and population/economic growth in Liaoning Province, China," Land Use Policy, Elsevier, vol. 99(C).
    2. Yuan, Yuan & Wang, Mingshu & Zhu, Yi & Huang, Xianjin & Xiong, Xuefeng, 2020. "Urbanization’s effects on the urban-rural income gap in China: A meta-regression analysis," Land Use Policy, Elsevier, vol. 99(C).
    3. Cai, Zhaoyang & Liu, Qing & Cao, Shixiong, 2020. "Real estate supports rapid development of China's urbanization," Land Use Policy, Elsevier, vol. 95(C).

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