|By PR Newswire||
|January 7, 2013 08:21 AM EST||
BEIJING, Jan. 7, 2013 /PRNewswire/ -- Recently, the term "urbanization" has become a key word discussed by economists and politicians, especially experts from the real estate industry, after a plan for promoting new "urbanization" was released by the 18th National Congress of Communist Party of China ("NCCPC") held on November 8, 2012. Experts predict that the real estate market in third-tier cities, the key areas for promoting urbanization, will have enormous potential for development. In addition, urbanization will also benefit the development of supporting industries and directly drive local construction of various infrastructures affecting people's livelihood.
"Urbanization" has not only been listed in the national strategy in the 18th NCCPC, but it has also been deemed as a historical task of modernization in China by China's Central Economic Work Conference.
As Ha Jiming, Vice Chairman and Chief Investment Strategist of the Investment Management Department (China) of Goldman Sachs, said, urbanization will drive up investment in several fields, such as healthcare, education, water, power and transportation. Generally, the consumption per capita of urban residents is 3 times higher than that of rural residents. Therefore, when rural residents become urban residents, their consumption will rise, and the consumption level will be upgraded too.
Zhu Zhongyi, Vice Chairman of the China Real Estate Industry Association, also said that the reason why urbanization is regarded as an important engine for future economic development and the largest potential for boosting domestic demand is that it can drive both investment and consumption, including investment in infrastructure construction and real estate development.
The Plan for Promoting Sound Development of Urbanization in China (2011-2020) jointly prepared by more than 10 ministries and commissions, such as Ministry of Finance, Ministry of Land and Resources, and Ministry of Housing and Urban-Rural Development, under the leadership of the National Development and Reform Committee, will be published before or after "two sessions" are held in 2013 (namely the National People's Congress and the Political Consultative Conference, NPC & CPPCC). Construction in over 20 city clusters, including more than 180 cities at municipal level or above, and more than ten thousand towns, will be mapped out in such a plan.
According to the aforesaid plan, the future construction of new urbanization in China will depend on large cities and focus on medium- and small-size cities, and will gradually form city clusters with a high radiation effect and promote harmonious development among large cities, medium- and small-size cities, and small towns. Furthermore, the development of urbanization will promote the transformation from excessive expansion to quality upgrading.
"Obviously, the key areas of urbanization will be the regions and cities with low rates of urbanization," an analyst at Citic Securities said. Third-tier cities will, of course, benefit from the urbanization.
Data shows that sales volume of commodity houses in 13 national city clusters accounted for 80.84% of that in all cities at the municipal level or above in 2010, up 0.92% from 2005. This means that house sales have become more intensive in large cities. As an analyst at Credit Suisse Group predicted, the new urbanization wave will need investment in real estate and efforts in industrial manufacturing, and will also release great potential consumption.
Moreover, the strategy of new urbanization also benefits real estate enterprises. The real estate sector continuously takes the lead in the stock market, especially Vanke, Evergrande and Country Garden, which are the real estate enterprises with the largest number of projects in third-tier cities.
Data shows that, since the idea of new urbanization was issued by the 18th NCCPC last year, the share price of Evergrande, which owns the largest number of projects in third-tier cities, has continuously risen from 3.87 yuan to 4.5 yuan, up 16.3%, owing to the policy of urbanization. In addition, Vanke's share price, though it has declined slightly, also keeps rising; from 8.75 yuan in the last trading day in November of 2012 to 10.12 yuan as the closing quotation in the first trading day of 2013, up 15.66%.
SOURCE Sina Leju
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Sep. 26, 2016 10:00 PM EDT Reads: 2,664
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Sep. 26, 2016 09:45 PM EDT Reads: 2,956
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
Sep. 26, 2016 09:30 PM EDT Reads: 2,731
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Sep. 26, 2016 08:45 PM EDT Reads: 3,379
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Sep. 26, 2016 08:45 PM EDT Reads: 2,150
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Sep. 26, 2016 08:30 PM EDT Reads: 1,590
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Sep. 26, 2016 08:00 PM EDT Reads: 2,888
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Sep. 26, 2016 07:30 PM EDT Reads: 332
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
Sep. 26, 2016 05:15 PM EDT Reads: 1,595
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web. As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...
Sep. 26, 2016 05:15 PM EDT Reads: 2,605
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Sep. 26, 2016 05:00 PM EDT Reads: 1,837
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Sep. 26, 2016 05:00 PM EDT Reads: 2,727
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Sep. 26, 2016 04:30 PM EDT Reads: 1,621
Digitization is driving a fundamental change in society that is transforming the way businesses work with their customers, their supply chains and their people. Digital transformation leverages DevOps best practices, such as Agile Parallel Development, Continuous Delivery and Agile Operations to capitalize on opportunities and create competitive differentiation in the application economy. However, information security has been notably absent from the DevOps movement. Speed doesn’t have to negat...
Sep. 26, 2016 04:30 PM EDT Reads: 2,119
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Sep. 26, 2016 04:15 PM EDT Reads: 1,035