Infrastructure financing for urban in China: Situation and ways

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Infrastructure financing for urban in
ChinaSituation and ways

• Junsheng Li Ph.D.
• Professor in Economics, Deputy President
• The Central University of Finance Economics
• Beijing, P. R. China, 100081
• Email fredli_at_cufe.edu.cn
• Phone [phone]

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Financing infrastructures management

• Government budget
• Domestic loans
• Bond
• Foreign capital
• Self-financing
• Other

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Financing infrastructuresstructure of
funds--all nation
1999, China Statistics 2000
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Financing infrastructures Structure of
FundsNanjing
Nanjing Social Sciences 2000, Jiangsu,
province China.
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Financing infrastructures problems

• Hard to finance
• Heavy debt burden

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How to finance for infrastructurescase 1

• Shanghai Urban Construction Investment
  capitalization
• Established in 1992 for Pudong development
  Corporationized
• Collect funds more than 100 billion Yuan(RMB, or
  US 12.2 billion) from 1996 to 2000 60 of the
  all funds
• Capitalization

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How to finance infrastructurescase 2

• Urumuqi Waste Disposal Project intergovernmental
  transfer-payment
• Budgetary estimate 110 million Yuan ( US 13
  million)
• Central government grants 30 million Yuan( 3.7
  million)
• Local government budget 50 million Yuan( 61
  million)
• Loan30 million Yuan(3.7 million)

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Thank you