Chinese municipalities have developed a large stock of capital assets during a period of rapid growth and urbanization, but have yet to modernize asset management practices. Cities face challenges such as premature decline of fixed assets and spiking liabilities related to operating and maintaining the assets. This paper evaluates the asset management practices in three selected small cities and towns in China, using a benchmarking assessment tool...
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INFORMATION
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2017/03/06
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WPS7997
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1
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1
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2017/03/06
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Disclosed
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Municipal asset management in China's small cities and towns
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average per capita income