2012 National Annual Meeting of Urban Construction Investment Corporations Unveiled in Changsha

The 2012 National Annual Meeting of Urban Construction Investment Corporations unveiled its curtain in Changsha on November 3. Domestic well-known economists and chiefs of urban construction investment corporations carried out in-depth discussion centering on the theme of “Innovate investment and financing mechanism, propel new urbanization”.

As investment and financing platform of local governments, urban construction investment corporations play irreplaceable role in the financing, investment, construction, operation and management of urban public infrastructure.

Changsha Mayor Zhang Jianfei delivered a keynote speech, and shared his thoughts and explorations in Changsha’s new urbanization and “Two-Oriented” Society construction with participants.

During the meeting, Changsha Municipal People’s Government and China Development Bank sealed a loan agreement on “Two Bridges and One Tunnel” (namely Fuyuanlu Bridge and Xiangfulu Bridge over the Xiangjiang River, Nanhulu Tunnel under the Xiangjiang River). China Development Bank approved to grant Changsha 2.1 billion yuan in 10 years, solving the follow-up financial difficulty of those projects.

Zhang Minsi