About Li XuLi Xu is a senior research fellow at the Asian Development Bank Institute.
New challenges, opportunities, and strategic choices for financing sustainable urbanization in the PRC
By Li Xu. Posted December 15, 2017
In recent years, the People’s Republic of China (PRC) has accelerated its urbanization process and increased its urbanization rate from 35.88% in 2000 to 56.7% in 2016, equating to over 1% year-on-year growth. The PRC proposed the “people-oriented” New-type Urbanization Plan in 2014 to definitively release further domestic demand potential, promote social equity and welfare improvements, and facilitate economic, social, and ecological integrated development.
By Li Xu. Posted December 13, 2017
The scale of local government debt (LGD) increased in most countries after the global financial crisis of 2008, resulting in accumulated potential fiscal risk and even systematic risk. Strengthening the management of LGD to avoid risk has become a hot topic. What is the current situation of LGD in the People’s Republic of China (PRC)? Is it high risk or not? What innovations are being implemented? Are there new challenges facing the Chinese government? What are the next steps? These issues, among others, have gained wide attention around the world.
By Li Xu. Posted September 7, 2017
The world economy at present is in the middle of profound adjustment. Slow economic growth and obvious economic divisions are resulting in the self-fulfilling “low-growth trap”, while productivity is declining all over the world and income inequality is worsening at the country level. These trends have been interacting and blending with each other since the global financial crisis of 2008 and have triggered a vicious cycle that has become an obstacle to world economic recovery.
Subscribe / Connect to Asia Pathways
- Agriculture and natural resources
- Capacity development
- Climate change
- Finance sector development
- Governance and public sector management
- Industry and trade
- Information and Communications Technology
- Private sector development
- Regional cooperation and integration
- Social development and protection
- Urban development
- Video Blog
- Making citywide inclusive sanitation a reality through capacity development
- Toward an ASEAN COVID-19 travel balloon
- Toward a robust economic recovery from COVID-19 in Asia and the Pacific
- Does sanitation access improve schooling outcomes for girls and boys?
- Moving beyond GDP: Well-being and degrowth development alternatives