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In: Economics

Introduce urban development plan of Beijing, including fundamental development goals (societal, ecological, cultural, political, economic issues....

Introduce urban development plan of Beijing, including fundamental development goals (societal, ecological, cultural, political, economic issues. )

Solutions

Expert Solution

Beijing has seen large scale connectivity and created " One Belt One Road integration "initiative as an integration with multiple geography and supply chains to boost trade and transportation.

It has amplified technology framework like Internet of Things, sought political licenses for construction of infrastructure and transportation services by all means, social welfare schemes are used for funding and large companies are setup strategically to boost economic growth by offering ease of doing business and lower taxation and compliance costs.

It has sough development of sovio cultural growth by inducing tourism, retail, service sectors largely and led to proliferated cultural growth.

The urbanisation coupled with globalisation has created masisve potential for creating special economic zones and residential zones as well as shown below.

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