Monday, November 24, 2014
Chan Kung: The Influence of the Adjustment of China's Urban Population Policy
ANBOUND
China's State Council has introduced The Notice about Adjusting the Standard of Urban Size. Regarding the influence produced by the Notice, ANBOUND’s chief researcher Chan Kung believes that the city planning will be shocked first; then is the "Third Five-year Plan". It’s the current priority, and the local governments now are striving to design and implement it. Third is the real estate industry. Furthermore, the population policy strongly linked to local tax and economic growth, which means that the local finance will face great adjustment in the near future. Generally, there are a number of local governments would suffer from financial difficulty, the proper solution and adaptation calls for time.