Exploring the response mechanism of remote sensed images in monitoring fixed asset investment in terms of building construction

Authors: Hanbing Yang*, , Li Wang, Chinese Academy of Sciences, Institute of Remote Sensing and Digital Earth, State Key Laboratory of Remote Sensing Science, Bo Yu, Key Laboratory of Digital Earth Science, Institute of Remote Sensing and Digital Earth, Chinese Academy of Sciences
Topics: Business Geography, China, Development
Keywords: fixed asset investment, building construction process, remote sense
Session Type: Paper
Day: 4/4/2019
Start / End Time: 8:00 AM / 9:40 AM
Room: Stones Throw 1 - Granite, Marriott, Lobby Level
Presentation File: No File Uploaded

Fixed asset investment is the driving factor of urbanization and economy development. However, the investment management lacks supervision and the corresponding constructions built are short of continuous monitoring to ensure if they can be delivered on schedule in China. Therefore, monitoring fixed asset investment by synthesizing spatial information contributes to mutual objective supervision, motivating to develop a more sound investment management system and construct buildings according to the schedule strictly. However, there is little research exploring the methods in monitoring fixed asset investment yet, to the best of our knowledge. We are applying semantical segmentation technology to detect buildings, including built buildings and buildings under construction, from high spatial resolution GaoFen satellite images, and analyze the response mechanism of detected building area to the corresponding investment funding. Twenty-three fixed asset projects from year 2015 to 2017 are taken into consideration, and we found that the detected building area is consistent increasing with the continuous investment funding. The remote sensed images provide a reliable and objective method to monitor construction process and supervise the investment allocation. It will become a very significant media to promote sound investment management system construction.

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