Core Viewpoint - The article emphasizes the importance of promoting new urbanization as a key strategy to boost domestic demand and economic growth during the "15th Five-Year Plan" period, with a focus on enhancing infrastructure and public services in county-level cities [3][4]. Group 1: New Urbanization Strategy - The core task of the "15th Five-Year Plan" is to enhance domestic demand and stabilize employment and income expectations through new urbanization [3]. - The proposal includes issuing "special bonds for new urbanization" to directly support county-level governments in improving infrastructure and public services [3][4]. Group 2: Financial Mechanisms - It is suggested that the central government should issue additional bonds to replace some local government debt, alleviating financial pressure on local governments [5]. - The article highlights the need for a structured approach to assess and implement key performance indicators (KPIs) related to urbanization and public service improvements, integrating these into local government evaluations [5]. Group 3: County-Level Development - The county level is identified as a crucial link for urban-rural integration and should focus on developing a "shortlist of leading industries" to concentrate resources effectively [5]. - Differentiated policies should be implemented based on the unique characteristics of each county, moving away from the traditional "GDP competition" model to address development contradictions [5]. Group 4: Urbanization Forecast - Predictions indicate that the urbanization rate in China during the "15th Five-Year Plan" period may maintain a growth rate of approximately 0.7 percentage points [5].

Group 1 - The core task of the "14th Five-Year Plan" is to enhance domestic demand and promote economic growth, with new urbanization being a key driver for this initiative [1][2] - The proposal includes issuing "special bonds for new urbanization" to support infrastructure and public services in county-level cities, aiming to facilitate the integration of rural populations into modern economic life [1][2] - The plan emphasizes the need for a balanced approach to urbanization, focusing on county-level development and the equalization of basic public services [1][2] Group 2 - Local and county governments face significant debt pressures, which may hinder their investment in urbanization and public services; thus, utilizing national bonds to alleviate this pressure is suggested [2] - The establishment of specific, measurable KPIs for local governments is recommended to enhance accountability and motivate improvements in public service levels [2] - The development of counties is seen as crucial for urban-rural integration, with a focus on identifying and nurturing leading industries within these regions [3] Group 3 - The urbanization rate in China is projected to maintain around 0.7 percentage points during the "14th Five-Year Plan" period, driven by the orderly integration of rural populations into urban settings [3]