South China Morning Post: Dubai sounds the alarm _New China international _New China net for Chinese heat production

Present’s Hangzhou, no longer craves in emphasizing one with Dubai’s similarity.

Material chart: This is on July 21, 2007 issued in United Arab Emirates port city Dubai constructs “the Dubai tower” picture.

Year’s end the year’s end, the Chinese real estate market has started a quantity price Qi Zhang high tide once more. (Material picture)

　　New China net news: After Hong Kong South China Morning Post 1 on 9th published a topic was “Pursues Dubai “Miracle”, Hangzhou from Market Realistic Middle school to the Brutal Lesson” signed article, the main point is as follows:

    One is in the Arabian Desert city-state, builds on a large scale to construct the island in the sea; One is the Chinese east coast lively metropolis, has Xihu as beautiful as a painting, to produce the tea to be famous. Superficially, Hangzhou and Dubai as if do not have too many common grounds. But this has not prevented the Hangzhou officials to take Dubai as the example, imitates latter’s growth pattern.

    The Hangzhou officials think that two cities have “astonishing similarity”, attempts to take Dubai to develop Hangzhou’s real estate industry as the blueprint, thus obtains the growth. In the economical good time, this procedure once was the other officials in Hangzhou and places won praises the sound massively. But occurred after the Dubai debt crisis, the situation had the tremendous changes.

    At the end of last month, the Dubai world group announced that seeks the extension to repay 59 billion US dollars debts. Then, Dubai obtains the Abu Dhabi government 10 billion US dollars aid funds, saves it from the debt crisis. In Dubai this little United Arab Emirates, if the roller coaster real estate congenial behavior as if has stopped down, causes not a small vibration in the global market. Without a doubt, Hangzhou also felt.

    Since 2007, Hangzhou has shown off itself in the intimate relation of Dubai – - – two cities even has direct flight – - – was also known as that must construct Hangzhou China’s Dubai. In last May, Hangzhou sent out a 100 people of delegation went to Dubai to study “the Dubai miracle” the knack, hopes that brought back to some urban development experiences.

    After this comes back, some officials think that Dubai is Hangzhou’s example, is weighs Hangzhou develops “range pole”. This official said: We must study Dubai well. The Dubai thought enlightened and free from arrogance and rashness, never satisfies. He said that Hangzhou’s goal is this year average per person GDP (GDP) over 10,000 US dollars, will again at least double to 2015.

    Now, this city no longer craves in emphasizing one with Dubai’s similarity. 　

(Chief-editor: Xu Qian)