New Book Recommendation | Urban Fiscal Development Report (2022): Sustainable Development

2023年11月08日 17:01
PLC News

"Urban Finance Development Report (2022): Sustainable Development"

He Yang, Huang Zhiji, Liu Wei, Yan Yan (chief editors).

Economic Science Press, 2023

Introduction

This book focuses on prefecture-level cities and analyzes the financial status of cities. Urbanization has become an important economic phenomenon in China since the reform and opening up, but there is no clear hierarchy of "urban finance" in the fiscal system, which poses certain challenges to urban governance. This book aims to start from the analysis of the fiscal conditions of prefecture-level cities, and also includes county-level cities and other administrative regions, attempting a more comprehensive analysis from the perspective of urban economic phenomena.


The book consists of eight chapters. Chapter One introduces the urban fiscal framework in China's current fiscal system; Chapters two and three analyze the city's fiscal revenue and expenditure status; Chapter 4 focuses on research on metropolitan areas, city agglomerations, and the fiscal balance of cities; Chapter Five explores models and cases of urban land finance transformation under the new development pattern; Chapter 6 analyzes urban investment and financing tools and debt risk measurement from the perspective of debt risk control; Chapter 7 establishes the framework for urban fiscal health assessment and conducts a preliminary assessment; Chapter 8 reviews the construction indices and policy tools for low-carbon cities. All of the above are currently important issues that are receiving significant attention in the sustainable development of urban finance. This book provides a preliminary theoretical framework review and quantitative analysis, aiming to provide reference for researchers and policymakers.


He Yang



















He Yang is a professor, doctoral supervisor, and associate dean at the School of Finance and Taxation, Central University of Finance and Economics. He completed his bachelor's, master's, and doctoral studies at the School of Finance and Economics, Renmin University of China, completed postdoctoral research at the Institute of Financial Strategy, Chinese Academy of Social Sciences, and was a visiting scholar at the School of Public Affairs and Environment, Indiana University, USA. Academic Research Committee Member of the China International Taxation Research Association, Adjunct Researcher at the Urban Development and Land Policy Research Center of Peking University-Lincoln Institute, and one of the first national leading tax talents. He has led multiple national key social science projects, youth projects, and national youth science projects, published over 50 papers in domestic and international academic journals such as Economic Research, published 4 works in Chinese and English, and won academic awards such as the Special Prize and First Prize in the National International Tax Outstanding Research Achievement Evaluation.


Huang Zhiji, PhD, Associate Professor, currently serves as Deputy Director of the Department of Urban Management at the School of Government, Central University of Finance and Economics. Research areas include land economics and management, urban renewal, and natural resource management. He also serves as a researcher at the Urban Development and Land Policy Research Center of Peking University-Lincoln Institute, a director and deputy secretary-general of the China Regional Science Association, a member of the Land Economics Branch of the China Land Society, and deputy director of the Liaoning Province "14th Five-Year Plan" Expert Advisory Committee, among other positions. He has led two National Natural Science Foundation projects, participated in multiple national key scientific and technological projects, authored four monographs, and published over 50 high-quality academic papers in both Chinese and English.


Huang Zhiji















Liu Wei





Liu Wei is a Senior Policy Researcher at the Center for Urban Development and Land Policy at Peking University-Lincoln Institute, with research areas including real estate tax, urban finance, and land policy. He earned both his bachelor's and master's degrees in Land Resource Management from the School of Public Administration, Renmin University of China. Published more than 10 articles on real estate tax and related topics in core journals, and participated multiple times in provincial and ministerial-level policy research projects.


Yan Yan is an associate professor at the School of Urban Economics and Public Administration, Capital University of Economics and Business; a part-time researcher at the Urban Development and Land Policy Research Center of Peking University-Lincoln Institute; and a visiting scholar at the Lincoln Land Policy Research Institute in the United States. Deputy Secretary-General of the Real Estate Professional Committee of the China Society of Urban Economics, selected for the Beijing Municipal University Outstanding Young Talent Training Program. He studied for his bachelor's, master's, and doctoral degrees at the School of Urban and Environmental Sciences, Peking University, with research areas including urban development and local finance, real estate economics, and other directions. He has led multiple projects funded by the National Social Science Fund, Beijing Social Science Fund, and the Beijing Municipal Education Commission's Social Science Program, and has published more than 20 papers in domestic and international academic journals such as Cities, Journal of Urban Affairs, and Urban Studies.

Yan Yan






















Table of Contents

Chapter 1: The Basic Framework of China's Urban Fiscal System

1 . 1 Definition of Urban Finance

1 . 2 Evolution of the Urban Fiscal System

1 . 3 The hierarchy of cities within the current administrative and fiscal system

1 . 4. Prefecture-level cities within the fiscal system below the provincial level

1 . 5. Main Problems in Urban Finance in China

1 . 6 Development Directions of Urban Fiscal System Reform in China


Chapter 2: Overall Situation of Urban Fiscal Revenue in China

2 . 1. Scale of fiscal revenue

2 . 2. Scale of government fund revenue

2 . 3 Scale of state-owned capital operation budget revenue

2 . 4. Scale of social insurance fund income

2 . 5. Disposable financial resources at this level

2 . 6 Characteristics of fiscal revenue in different regions


Chapter 3 Overall Status of Urban Fiscal Expenditure in China

3 . 1. Scale of fiscal expenditure

3 . 2. Structure of fiscal expenditure

3 . 3. Characteristics of fiscal expenditure


Chapter 4: Urban Agglomerations and Fiscal Equilibrium

4 . 1. The importance of urban agglomeration development and urban fiscal balance

4 . 2 Existing indicator systems for measuring financial balance and their pros and cons

4 . 3. Regional Financial Balance Indicator Calculation and Analysis

4 . 4. Policy recommendations to promote balanced financial development of urban agglomerations


Chapter 5: New Development Patterns and Urban Land Finance Transformation and Development

5 . 1 The Impact of the New Development Pattern on the Urban Land Finance Model

5 . 2 Measurement and Impact Analysis of Urban Land Finance

5 . 3 Typical cases of urban land finance transformation

5 . 4 Discussion on the Integration of Land Value Capture Theory and Chinese Practice


Chapter 6: Urban Investment and Financing and Debt Risk Control

6 . 1. Comparison of different urban investment and financing models

6 . 2. Measurement of urban debt risk

6 . 3. Enrich urban fiscal investment and financing tools and strengthen urban debt risk control


Chapter 7 Urban Fiscal Health Evaluation

7 . 1. The concept and measurement of urban fiscal health

7 . 2 Research Methods, Data Sources, and Regression Model for Fiscal Expenditure Demand

7 . 3. Results of the fiscal health evaluation


Chapter 8: Current Status and Prospects of Urban Low-Carbon Development

8 . 1 The Background of Low-Carbon City Construction and the Connotation of Low-Carbon Cities

8 . 2 Measurement and Analysis of China's Urban Low Carbon Index

8 . 3. Policy tools to promote the development of low-carbon cities

8 . 4. Drawing on International Low-Carbon Development Experiences

8 . 5. Policy recommendations to promote low-carbon development in China


Appendix

Appendix 1: Overall Fiscal Revenue of Key Cities

Appendix 2: Overall Fiscal Expenditure of Key Cities

Appendix 3: Financial Situation of Zhenjiang Financing Platform Company

Appendix 4: Introduction to the Urban Fiscal Database

References


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