Wednesday, February 12, 2020

Government Involevement in Promotion of Chinese and Asian Cities Essay

Government Involevement in Promotion of Chinese and Asian Cities - Essay Example This has been a fourth consecutive year that china has been recording an economic growth of 10 percent. There have also been marked growth in other nations like Cambodia, Lao People Democratic Republic, Mongolia, and Vietnam which have been recording a growth of 7.5-10.5 percent. Malaysia, Indonesia, Philippines and Thailand have recovered a moderate growth at the rate of 5-6 percent annually while Papua New Guinea and other Pacific Island countries recorded a pickup in growth in the same period. However political unrest in other country as Timor-Lest and Tonga saw the two countries record a poor growth. There has been declining poverty in the region with number of those living below the poverty line or on less than 2 dollars reducing to 30 percent of the population in the region. (The World Bank 2007, p. 3) This growth has been attributed to number of factors which has been stimulated by revolution in the economic outlook and increased investment in the region. There has been strategy that have been carried out by the government with the support of the private sector which has seen an increased growth in the economy with promotion of trade and enhancing environment for appropriate governance. This has seen increased social order and growth of new settlements in cities. However the financial sector has been plying a crucial role in the development of infrastructure in the region which has been the bases for the improved economic growth. (Xinhua 2005, p. 65) One of the most import characteristic of the emerging Asian Tigers has been growth in new settlement and commercial cities. There has been emergence of skyscrapers and well managed cites which have integrated the need to integrate environment sustainability and beautiful secure cities. There has been emergence of some cities like Tokyo, Shanghai, and others which are the hub of the commercial activities in the region. This has been as a result of consorted efforts from the government and from the private developers where the government provides for the planning while the private developers provides for funds. (NMA 2008, p. 7) It is not enough to developed secure and beautiful cities which are not open to the world. Therefore there have been efforts which have been aimed at promoting these cities to the outside world in order to make them a choice for majority of the investors. This is because most of these cities have been built based on commercial activities and hence their promotion has also been assessed on the commercial viability of these companies. There has also been effort in ensuring the there is an increased level of awareness from the citizens about the need to take care of their cities in order to maintain them. Therefore we can say that the effort of the Asian government to promoted their cities have been aimed on the outsiders and also on the citizens of the countries especially the residence of these cities in order to enhance capacity building and maintenance for the cities. (Hirgik 2006, p. 4) There have been efforts that have been provided by the government of these cities that have been aimed at making sure that they become competent cities in the world. This is because the more attractive the cities are, the more they are likely to attract FDIs which are the factors that

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