Optimize the layout and form of urbanization, raise the level of urban construction, and strengthen the management of urbanization. At the same time, it is proposed that the new type of urbanization is very different from the concept of urbanization advocated in the past.

　　Accelerating urbanization requires large amounts of capital. According to estimates by the China Development Bank, in the next three years China's urbanization investment and financing capital demand will reach 25 trillion yuan.

　　However, we must note that the government's financial resources are limited, and it is impossible to come up with so much capital all at once. Therefore, where the funds for the new type of urbanization construction will come from has become an urgent issue.

　　Establishing a diversified and sustainable funding guarantee mechanism is one of the key points of this urbanization work conference. In the past, funds for urbanization construction basically relied on government expenditure, and local debt was generally used for urban construction. Such government investment was sometimes blind, which is why "empty cities" and "ghost cities" appeared. Emphasizing diversification refers more to introducing social capital. The advantage of social capital is that it is responsible for social sustainability. In the future, the government may invest only in some infrastructure construction, while more will be introduced from market funds.

　　In the future, qualified local governments may be allowed to issue municipal bonds. In the past, local debt was hidden, but issuing construction bonds puts local debt under the open sunlight, equivalent to "closing the back door and opening the front door."

　　The meeting required improving the efficiency of urban construction land use. To improve land urbanization, stricter land management policies must be adopted and land use indicators controlled. For local governments that currently rely on land finance, a sustainable tax source must be found for the government, and property tax is a very good tax source.

　　Sustainable development funds require a balance between the administrative powers and financial powers of local governments. This means making local government expenditures smaller and revenues larger.

　　Promoting infrastructure construction and increasing the number of engineering construction projects will expand demand for construction machinery and equipment. Whether it is the construction of affordable housing, transportation construction in the urbanization process, or even agricultural mechanization, all can bring a pulling effect to machinery manufacturing enterprises. With the advancement of the new type of urbanization, the construction machinery industry will usher in spring.