Author：Zhirong Jerry Zhao Chengxin Cao
Date：2011-01-07
Summary：
With a rapidly increasing need for urban infrastructure in China, a greater understanding of the issues of revenue and expenditure has become more vital. This paper focuses on the following three issues. First, it clarifies the trend and regional pattern of infrastructure expenditure. Second, this paper illustrates the current situation of urban infrastructure revenue. Third, it will discuss the interaction between revenue and expenditure structures. As the importance of the "semi-governmenttal" revenue - i.e. land transfer fee and market financing
Keywords：Urban Infrastructure; Expenditure Patterns; Revenue Sources
