On January 7th, 2016, urbanization research team headed by Executive Director Zeng Zhen visited Nomura Research Institute (NRI) and meet with Mr. Hayakawa Yasuhiro, Director of Social Institutions Division, and other five experts. In-depth discussion was held on urban planning, land policy, urban regeneration and industrial parks. Mr. Hayakawa Yasuhiro briefed on the history of industrial parks since 1960s, particularly policies concerning industry and land use to deal with environmental harm and industrial hollowing-out. Mr. Li Jinkui, Mr. Liu Xianfa and other researchers had heated discussion with specialists from NRI on spatial distribution, industrial upgrading, policy design, and coordination mechanism in the course of urban renewal.