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.
© 2020 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.