This book collects high-quality papers on issues related to the
rebalancing strategy in China, new clean cities as "hubs'',
liability management, and involving the private sector, including
through PPPs, with specific examples from Guangdong. Guangdong has
been at the forefront of economic reforms in China since the advent
of the Responsibility System in the late 1970s, and its successes
and challenges reflect those of China as a whole. The need for
rebalancing towards a more inclusive and sustainable path is also
critical in Guangdong, just as it is in China. Strengthening the
fiscal underpinnings and the next stages of tax reforms are
critical drivers to accomplishing the requisite structural changes.
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