PROGRESS IN GEOGRAPHY ›› 2016, Vol. 35 ›› Issue (4): 440-449.doi: 10.18306/dlkxjz.2016.04.005

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Spatiotemporal patterns and characteristics of urban infrastructure investment and financing during China’s urbanization

Zhe CHENG1,2(), Rulin OUYANG3, Zhenshan YANG1, Jianming CAI1,*()   

  1. 1. Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China
    2. University of Chinese Academy of Sciences, Beijing 100049, China
    3. Bureau of Comprehensive Development, Ministry of Water Resources, Beijing 100053, China
  • Online:2016-04-27 Published:2016-04-27
  • Contact: Jianming CAI E-mail:cz1251@163.com;caijm@igsnrr.ac.cn
  • Supported by:
    National Natural Science Foundation of China, No.41371008;Grant of Development Research Centre of Beijing New Modern Industrial Area, 2015-2016, No JD2015002

Abstract:

Infrastructure development is an important part of urbanization and plays a fundamental role in supporting urban development. Using two kinds of statistical standards and by means of regression analysis, GIS analysis, and coefficient of variation calculation, this article analyzes the spatiotemporal pattern of infrastructure investment in China. The research found that: (1) Infrastructure investment in China has been growing at a high speed and has been an important driving force of urbanization. (2) Investment in economic infrastructure including electricity, transportation, water conservancy, is the main part of investment in infrastructure development, but the proportion of investment in medical and health care, education, social security, and other social infrastructure development has been gradually increasing. (3) Local government financial investment, bank loans, and land-transferring fees are the main sources of funds for infrastructure investment, and the government plays a leading role in such investment. (4) Infrastructure investment significantly differ between provinces and such difference is closely related to urbanization and economic development, but the gap tends to be closing. (5) There are differences between urban and rural infrastructure investment. The results not only can lay some foundation for further study including innovation and improvement of investment structure, but also provide some references for investment decisions of the government.

Key words: infrastructure, investment, spatiotemporal pattern, urbanization, China