Avoiding Beijing-Tianjin-Hebei Integration be Investment "Leap"
ANBOUND
Accordingly, 42 trillion yuan will flow into the construction of Beijing-Tianjin-Hebei Integration in 6 years, but ANBOUND think tank scholars insist that the number is obviously exaggerated, which does not make sense to boost the integration strategy at all. In the current circumstance, the government experiences the falling fiscal revenue growth and heavy burden of debt, the investment ability has been greatly constrained even though the potential investment needs and space is large. Exaggeration of the investment suggests the risks of projectizing the integration, and the local governments are likely to take it as an excuse for adding investment.