Relevant:
- China to focus investment on five major sectors in 2009
- Wave of Violent Protests, Rioting, Bombings Hits China; Expect More Riots When China's Credit Bubble Pops, Exposing Mountains of Fraud
- China announces $40 bn Silk Road fund
- Hudson Yards: Site of failed NYC 2012 Olympics bid set for rehab
- I Spent Two Years On China's Belt And Road, And This Is What I Found
2016-01-22 — forbes.com
Like most other cities in China, Lanzhou found a need to expand and create new areas for development. Urban construction land is one of the most valuable commodities in modern China, and the building of new cities, districts, hi-tech zone, logistics centers, and infrastructure is what keeps the fiscal wheels of this country's local municipalities spinning. In this climate, running out of new development land can be akin to a financial travesty, but this is exactly what once happened in Lanzhou -- a city that's built on a 50 kilometer strip of land that's wedged down into the Yellow River Valley, hemmed in by mountains.
So what was Lanzhou to do? The answer was evident: the city would simply remove the barriers to its expansion. If it was the mountains that prevented the city from achieving its full economic potential then the mountains would need to go.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.