The income from Hangzhou's land transfer will be first used to build affordable housing. In the recently convened district, County (City) committee secretary of the symposium, Zhejiang Provincial Party committee member, Hangzhou Municipal Party committee secretary Guoping said that this year's Hangzhou city (including 13 cities and counties under the jurisdiction) of the land transfer gold is expected to reach a record of 120 billion yuan, the money used to build affordable housing, public transport, "three rural" and so on. It is understood that this January-November, Hangzhou city to achieve total financial revenue of 96.517 billion yuan, of which local revenue 48.939 billion yuan, an increase of 13.1%. Fiscal revenue, local revenue growth since June negative positive, 7 August growth of more than 20%, 9, October up to more than 35%, 55.2% year-on-year increase in November. According to the previous months of growth estimates, Hangzhou this year, local financial revenue near 70 billion yuan, and this year, Hangzhou City land transfer gold is expected to reach 120 billion yuan, "land sales revenue" may exceed local revenue 1 time times. Data show that 2008 Hangzhou City local revenue of 45.535 billion yuan, and land transfer gold is 24.33 billion yuan, accounting for the former 53.43%. According to statistics, the beginning of the year, Hangzhou, the main urban area of revenue has 70 billion yuan, the end of the year before the next 3 times land transfer. This means that only the whole year of Hangzhou's main urban land sales revenue may exceed the city's local revenue. Guoping said that the proceeds of land sales will be used first to build affordable housing, including housing, low-cost rental, relocation housing and so on. In addition, the land transfer money will also be used to achieve public transport, taxis, free bicycles, water buses, subway "five in one" to the public transport system, lane, courtyard improvement, the improvement of the old houses, the improvement of property management, Rapid road network, primary and secondary roads and other major infrastructure, social security system and "three rural" spending to improve people's livelihood, The construction of social public utilities. According to first, the GDP growth of Hangzhou is expected to reach 10% this year, urban and rural income will be double-digit growth.
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