By Guo Lihong　

Date: 2004/08/03

Abstract: 　　

Private investment in urban infrastructure has become a surging wave in the east, the middle and the west regions in China. With limited financial resources, the Zhejiang provincial government has explored a market-oriented approach in urban construction. Shanghai municipal government, though with a strong financial power, has also attached emphasis to the potential of private capital. Chengdu city serves as a model to the middle and west regions with its strong opening-up concept and operational measures.