China’s urban future: Financing a new era of urbanization
China’s urban future: Financing a new era of urba...
China’s urban future - Issue 1, May 2014
China’s central government estimates that China will spend approximately USD6.75 trillion on urbanization over the next seven years; however the current methods of funding urbanization appear to lack sustainability.
The first article in the series will discuss the challenges China faces to fund its new era of urbanization, and look at potential solutions that will enable local governments to access capital in an efficient manner. The article draws on KPMG member firms’ experience assisting local government clients around the world with similar challenges.
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