CFLD’s strategic plan to lift up China’s counties

Source:Global Times Published: 2018/4/12 19:58:40

Gu'an Aerospace Industry Park in Hebei Province Photo: Courtesy of CFLD


Zhang Shufeng, the executive president of CFLD Photo: Courtesy of CFLD

With the rapid development of the urbanization in China, more and more small counties and towns are flourishing. However, there are also growing gaps between counties as a result of uneven development. Zhang Shufeng, the executive president of China Fortune Land Development Co, Ltd (CFLD), shares his thoughts about possible solutions concerning the uneven development between counties.

In Zhang's view, the uneven development is due to the lack of capital, technology, talent and industry, and CFLD has come up with a system they call "one, six, four and four," which Zhang believes can help tackle this problem.

One focus

One is to focus on industrial development since the support from industries is a foundation of growth for counties.

Six services

Planning and design: The positive development of regions is based on proper planning. In the aspect of planning and design consulting, CFLD recruits international first-class planners and strategizes the functions of connecting central cities and large cities for the counties, so as to integrate them into the development of urban agglomeration.

Land consolidation: To focus on the concept of urban and rural integration and to create jobs for local people by building industrial parks that will enable them to transform their identity and integrate into the development of urbanization.

Infrastructure construction: In terms of infrastructure construction, CFLD's focus is not on planting a tree or paving a road but to look into the development and planning of a whole city. The standard of city planning is based on international criteria.

Public facility construction: Create a complete network of public facilities by introducing high-quality resources in education, healthcare and business.

Industry development: On one hand, CFLD has established innovation centers and incubators in the Silicon Valley, Boston, Berlin, Tel Aviv, Seoul and Helsinki, which introduce advanced innovative technologies from around the world into CFLD's industrial parks. On the other hand, through the industry-university research cooperation and by means of capital driving, achievements in research can be transformed and launched into the market.

Urban operation: To realize urban operation by utilizing the experience from Japan and Singapore and by recruiting professional people to do proficient work.

Tackle the four shortcuts

Through the six services above, counties can tackle the four shortcuts:  capital, talent, technology and industry.

Upgrade the four capabilities

Through tackling the four shortcuts, charm, attraction, capacity and competitiveness will be developed in the cities.

In addition, Zhang believes that through adopting public-private partnerships, the government can entrust the development of counties to CFLD, and CFLD will generate fiscal revenue for the government in return, creating a win-win solution. Therefore, introducing companies from different industries into these counties, promoting the development of those industries and increasing tax revenue for the government are driving forces for CFLD.

At present, the PPP model (public-private partnerships) of CFLD has become an effective practice in the economic transformation, upgrade and development of China's counties. CFLD's practice has so far been successfully carried out in more than 80 regions around the world.

GT: What is the core competitiveness of CFLD in industrial attraction?

Zhang: There are many parts of the country facing industrial transformation and upgrading, which require high-quality technology and businesses throughout the process. In order to do that, traditional ways of business attraction will not work well. The "one, six, four and four" plan of action can do the work.

GT: Will there be any collaborative effect between industries in CFLD's new towns? Will there be any competitiveness in between?

Zhang: Our industrial development mode is adapted to local conditions. All counties are not the same, so each location has its own unique industrial base and environment. We have an industry research institute in which there are many industry elites working for us. The institute does its research in these areas to come up suitable industries that match with the development of the areas.


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