New urbanization a fresh growth impetus
2 months, 2 weeks ago

New urbanization a fresh growth impetus

China Daily  

MA XUEJING/CHINA DAILY As China's economy shifts from rapid growth to high-quality development, the policy of new urbanization has become key to unlocking domestic demand and promoting balanced regional development. The core of new urbanization rests on three key principles: people-centered urbanization, urban-rural coordination, and balanced regional development, as well as green and sustainable development. By promoting green building practices, investing in public transportation and optimizing energy systems, new urbanization is not just improving people's quality of life but also laying the foundation for a green economy. New urbanization is more than just a spatial reorganization of China's cities — it is a profound transformation in how the country approaches economic and social development.

Growth China Development Urban Cities Economic Public Services Urbanization Rural Areas Green Consumption Key New Urbanization Jiashan  urbanization  economic  fresh  consumption  development  cities  chinas  impetus  urban  green  key  growth

History of this topic

Chinese economy expected to rebound continuously in 2025: economist
Trending News
1 month, 2 weeks ago

Chinese economy expected to rebound continuously in 2025: economist

China Daily  

The skyline of Beijing. The Chinese economy is expected to rebound continuously in 2025 despite new variables, an economist said as reported by Chinese financial news outlet Yicai on Sunday. The unprecedented popularity of the domestic cultural and travel consumption market during the Spring Festival holiday and the emergence of DeepSeek AI model have contributed to people's confidence in the …

New urbanization a fresh growth impetus
2 months, 2 weeks ago

New urbanization a fresh growth impetus

China Daily  

MA XUEJING/CHINA DAILY As China's economy shifts from rapid growth to high-quality development, the policy of new urbanization has become key to unlocking domestic demand and promoting balanced regional development. The core of new urbanization rests on three key principles: people-centered urbanization, urban-rural coordination, and balanced regional development, as well as green and sustainable development. By promoting green building practices, …

China accelerates urban renewal efforts to create livable, resilient cities
2 months, 3 weeks ago

China accelerates urban renewal efforts to create livable, resilient cities

China Daily  

Tourists buy popsicles at the Central Street in Harbin, Northeast China's Heilongjiang province, May 3, 2024. BEIJING - China aims to transform its cities into livable, resilient and smart spaces through continuous urban renewal programs that enhance the urban landscape, improve residents' living conditions, and stimulate domestic demand. A State Council executive meeting held on Friday, which analyzed urban renewal …

Report digs into Beijing's population
3 months, 2 weeks ago

Report digs into Beijing's population

China Daily  

Insights gleaned into capital's shifts, growth and characteristics of residents In its latest population report, Beijing has shared critical insights into the demographic landscape of China's capital, highlighting both challenges and opportunities as the city navigates its future. It identifies seven key characteristics of population development in Beijing, including stable resident population size, increased urbanization, a narrowing income gap between …

Report digs into Beijing's population
Trending News
3 months, 2 weeks ago

Report digs into Beijing's population

China Daily  

In its latest population report, Beijing has shared critical insights into the demographic landscape of China's capital, highlighting both challenges and opportunities as the city navigates its future. It identifies seven key characteristics of population development in Beijing, including stable resident population size, increased urbanization, a narrowing income gap between urban and rural residents, and a dual challenge of declining …

China's urban planning sets good example
4 months, 2 weeks ago

China's urban planning sets good example

China Daily  

Praising China's efforts in narrowing the divide between affordability and sustainability in urban development, a senior United Nations official has also highlighted that China's experiences in urban planning, renewal and sustainability have the potential to help the rest of the globe deal with the effects of climate change. "I believe if you combine the construction technology with the planning, you …

Young Chinese Are Embracing Rural Life, Redefining the Countryside
4 months, 3 weeks ago

Young Chinese Are Embracing Rural Life, Redefining the Countryside

China Daily  

China's rural landscape is undergoing a significant transformation as young people increasingly seek opportunities in revitalized rural communities. Driven by innovative ideas and social media platforms, many young urbanites are returning home to revive traditional crafts and establish thriving businesses. This trend is not a retreat but a response to broader economic dynamics and the allure of a slower pace …

Young Chinese Are Embracing Rural Life, Redefining Rural China's Future
Trending News
4 months, 3 weeks ago

Young Chinese Are Embracing Rural Life, Redefining Rural China's Future

China Daily  

China's rural landscape is undergoing a significant transformation as young people increasingly seek opportunities in revitalized rural communities. Driven by innovative ideas and social media platforms, many young urbanites are returning home to revive traditional crafts and businesses, creating a surge in rural entrepreneurship. This trend reflects broader economic dynamics, with rural areas experiencing a resurgence in tourism and e-commerce, …

China Focus: China sees improving livelihood in 75 years
5 months, 2 weeks ago

China Focus: China sees improving livelihood in 75 years

China Daily  

A consumer shops at a supermarket in Shaoyang, Central China's Hunan province, April 11, 2024. The per capita disposable income of China's residents was only 49.7 yuan in 1949, but climbed to 39,218 yuan in 2023, an increase of 75.8 times, or an annual growth rate of 6 percent, adjusted for inflation, according to a report released by the National …

China's Per capita Living Standards Soar: A Journey of 75 Years
5 months, 2 weeks ago

China's Per capita Living Standards Soar: A Journey of 75 Years

China Daily  

China's living standards have significantly improved in the past 75 years, with per capita disposable income increasing from 49.7 yuan to 39,218 yuan. This growth has been driven by the development of the private economy and the expansion of the national economy. The Engel's coefficient, which measures food expenditures as a proportion of total household spending, has declined significantly, indicating …

China sees rising urbanization rate over past 75 years
6 months ago

China sees rising urbanization rate over past 75 years

China Daily  

Residential buildings pictured in Changsha, Central China's Hunan province on May 9, 2021. BEIJING -- China's urbanization rate, which measures the ratio of permanent urban residents relative to the total population, rose by 55.52 percentage points from the end of 1949 to 66.16 percent by the end of 2023, data from the National Bureau of Statistics showed Monday. Over the …

New urbanization should focus on people's needs
7 months, 3 weeks ago

New urbanization should focus on people's needs

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY China will advance its people-centered new urbanization through concrete measures, according to a five-year action plan unveiled on Wednesday by the State Council, China's Cabinet. The country plans to support more rural migrant workers in settling down in urban areas and aims to lift …

New urbanization should focus on people's needs
7 months, 3 weeks ago

New urbanization should focus on people's needs

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY China will advance its people-centered new urbanization through concrete measures, according to a five-year action plan unveiled on Wednesday by the State Council, China's Cabinet. The country plans to support more rural migrant workers in settling down in urban areas and aims to lift …

To revive the economy, China wants consumers to buy better stuff
7 months, 3 weeks ago

To revive the economy, China wants consumers to buy better stuff

Live Mint  

Everywhere you look, the world’s politicians face tough economic choices. A survey by China’s central bank in April showed that over 60% of city-dwellers want to increase the amount in their savings accounts. America’s cash-for-clunkers programme, introduced in 2009 during the global financial crisis, prompted 360,000 extra car purchases in two months, according to Atif Mian of Princeton University and …

Improve consumption for high-quality growth
7 months, 3 weeks ago

Improve consumption for high-quality growth

China Daily  

Shoppers pick fruit at a supermarket in Beijing, May 12, 2024. The central authorities have recently called on boosting consumption, namely enhancing the purchasing power and willingness of middle-and low-income groups. This cannot be separated from increased income, as income growth directly enhances residents' purchasing power and stable income growth increases people's willingness to consume. Further, since low-income groups in …

Consumption growth points stimulated and nurtured
9 months ago

Consumption growth points stimulated and nurtured

China Daily  

A booth promotes Huawei's HarmonyOS during an expo in Shanghai. CHEN YUYU/FOR CHINA DAILY A circular, jointly issued by some central departments on Monday, stated that China is moving to foster new consumption scenarios in multiple sectors, including tourism, automobiles and electronics, aiming to boost consumer demand and promote the steady growth of consumption. The circular also detailed measures on …

Consumption growth points stimulated and nurtured
9 months ago

Consumption growth points stimulated and nurtured

China Daily  

A booth promotes Huawei's HarmonyOS during an expo in Shanghai. CHEN YUYU/FOR CHINA DAILY A circular, jointly issued by some central departments on Monday, stated that China is moving to foster new consumption scenarios in multiple sectors, including tourism, automobiles and electronics, aiming to boost consumer demand and promote the steady growth of consumption. The circular also detailed measures on …

High-quality growth boosts investors' confidence
9 months, 1 week ago

High-quality growth boosts investors' confidence

China Daily  

JIN DING/CHINA DAILY China's major targets for this year include a GDP of about 5 percent, the creation of 12 million jobs and keeping the increase in inflation below 3 percent. Since 2015, China has been the world's largest economy by GDP, with substantial improvements in people's purchasing power and standard of living. China's manufacturing capacity and digital economy can …

High-quality growth boosts investors' confidence
9 months, 1 week ago

High-quality growth boosts investors' confidence

China Daily  

JIN DING/CHINA DAILY China's major targets for this year include a GDP of about 5 percent, the creation of 12 million jobs and keeping the increase in inflation below 3 percent. Since 2015, China has been the world's largest economy by GDP, with substantial improvements in people's purchasing power and standard of living. China's manufacturing capacity and digital economy can …

Experts: China's consumer spending to see positive growth in April
10 months, 1 week ago

Experts: China's consumer spending to see positive growth in April

China Daily  

A child experiences a Lynk & Co's new energy vehicle at the 2024 Beijing International Automotive Exhibition in Beijing, April 30, 2024. The year-on-year growth rate of total retail sales of consumer goods in China will probably exceed 3.1 percent in April, Securities Daily reported on Tuesday, citing experts. Since the action plan to advance large-scale equipment renewal and trade-in …

Roaring consumption engine powers China's economy ahead
11 months ago

Roaring consumption engine powers China's economy ahead

China Daily  

Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on Thursday. BEIJING - China's consumption played a vital role in bolstering economic growth in the first quarter of the year, underscoring the country's steady transformation toward a domestic consumption-driven economy. China's GDP expanded 5.3 percent year-on-year in the first quarter, with domestic consumption contributing …

China on track for sustained growth
1 year ago

China on track for sustained growth

China Daily  

Technicians run tests on manufacturing robots at a workshop in Zhangjiagang, Jiangsu province, in February. This vast population not only offers abundant labor resources but also generates substantial consumer demand, creating a massive market advantage and providing extensive development opportunities and multiple possibilities for economic growth. China's current phase of rapid development in new industrialization, informatization, urbanization, and agricultural modernization …

China’s economy shows sparks of life, despite persisting weakness in troubled real estate sector
1 year, 4 months ago

China’s economy shows sparks of life, despite persisting weakness in troubled real estate sector

Associated Press  

BEIJING — China’s economy showed more signs of reviving in October as retail sales and manufacturing picked up though the property sector remained sluggish, the government said Wednesday. Disruptions to manufacturing, transport, travel and virtually every other aspect of life during the pandemic ended nearly a year ago when China’s leaders abandoned their “zero-COVID” policies aimed at preventing infections. Overall, …

China Announce New Measures to Boost Consumption Amid Economic Slowdown
1 year, 7 months ago

China Announce New Measures to Boost Consumption Amid Economic Slowdown

News 18  

Chinese authorities announced new measures to boost consumption on Monday, as fresh economic data suggested that the country’s post-Covid recovery is running out of steam and growth is slowing. Official figures released Monday showed factory activity contracting for the fourth straight month in July, adding to a run of dismal economic data that has ramped up calls for government support …

Policy support set to boost consumption
1 year, 10 months ago

Policy support set to boost consumption

China Daily  

Nation will deepen reforms to increase incomes, bridge urban-rural wealth gap China will step up its policy support to increase consumer spending and unleash the country's purchasing potential, a key force that propels the nation's economic recovery and underpins its endeavors toward modernization and prosperity, experts said. The policy push, including the removal of administrative restrictions in the housing and …

Policy support set to boost consumption
1 year, 10 months ago

Policy support set to boost consumption

China Daily  

People choose products in a duty-free shop in Haikou, South China's Hainan province on Jan 26, 2023. The policy push, including the removal of administrative restrictions in the housing and automobile markets, is among China's priorities in order to revive the vibrancy of its consumer market because the central leadership has identified insufficient domestic demand as an acute challenge facing …

Policy support set to boost consumption
1 year, 10 months ago

Policy support set to boost consumption

China Daily  

People choose products in a duty-free shop in Haikou, South China's Hainan province on Jan 26, 2023. The policy push, including the removal of administrative restrictions in the housing and automobile markets, is among China's priorities in order to revive the vibrancy of its consumer market because the central leadership has identified insufficient domestic demand as an acute challenge facing …

Policy support set to boost consumption
1 year, 10 months ago

Policy support set to boost consumption

China Daily  

Nation will deepen reforms to increase incomes, bridge urban-rural wealth gap China will step up its policy support to increase consumer spending and unleash the country's purchasing potential, a key force that propels the nation's economic recovery and underpins its endeavors toward modernization and prosperity, experts said. The policy push, including the removal of administrative restrictions in the housing and …

Rising rural people's income to boost home economy and global tourism
2 years, 5 months ago

Rising rural people's income to boost home economy and global tourism

China Daily  

Editor's note: Rural residents' livelihoods have greatly improved in recent years mainly because of the poverty alleviation program of the central leadership. Data released earlier this year show the per capita disposable income of the about 600 million rural residents more than doubled in the past decade to reach 18,931 yuan in 2021. It means the 600 million rural residents …

China’s economy beats expectations with 4 percent growth in Q4
3 years, 2 months ago

China’s economy beats expectations with 4 percent growth in Q4

Al Jazeera  

Chinese economy expands 8.1 percent for the whole of 2021 amid weakest Q4 growth in more than a year. “The Evergrande debt default had a chilling effect on construction and property development, and likely indicates balance sheet issues at other property firms,” said Tommy Wu, lead China economist for Oxford Economics in Hong Kong. The large stimulus seen in previous …

Use urbanization lessons to revitalize rural areas
3 years, 9 months ago

Use urbanization lessons to revitalize rural areas

China Daily  

China launched reform and opening-up more than four decades ago essentially to boost economic development, lift hundreds of millions of Chinese people out of poverty, and improve people's lives and livelihoods. But to revitalize rural areas, the government needs to first reduce the economic disparities between urban and rural areas by taking measures develop the rural areas and agricultural sector, …

Consumer spending records robust growth in H1
6 years, 8 months ago

Consumer spending records robust growth in H1

China Daily  

Consumers shop at a mall in Chengdu, Sichuan province. China's consumer spending was robust in the first half year, contributing 78.5 percent to the country's economic growth, up 14.2 percentage points from a year earlier, official data showed Thursday. The total retail sales of consumer goods has reached 18 trillion yuan from Jan-June, increasing 9.4 percent year-on-year, while the June …

China's Quarterly Growth Comes In (Again) At 6.8 Percent
6 years, 11 months ago

China's Quarterly Growth Comes In (Again) At 6.8 Percent

NPR  

China's Quarterly Growth Comes In At 6.8 Percent Enlarge this image toggle caption Mark Schiefelbein/AP Mark Schiefelbein/AP China, the world's second-largest economy, grew at 6.8 percent in the first three months of 2018, thanks to strong consumer demand, robust exports and investment in the country's real estate market. It was the third-straight quarter for 6.8 percent growth year-on-year and fueled …

China’s shift to city-led growth
7 years, 6 months ago

China’s shift to city-led growth

Live Mint  

China has achieved some four decades of rapid economic growth. Growth in China’s megacities—metropolitan areas with a population exceeding 10 million—has long been heavily constrained by rigid state administrative divisions and planning agencies. By integrating themselves into global supply chains, small cities in Guangdong province—including Dongguan, Huizhou, Shunde and Zhongshan—have played a critical role in establishing China as the “Factory …

Make life convenient while improving living environment
7 years, 10 months ago

Make life convenient while improving living environment

China Daily  

Chinese roses are in full blossom at the Temple of Heaven in Beijing, capital of China, May 16, 2017. Born in Chengdu, Sichuan province, known for its vibrant city life, and having studied in Xiamen, Fujian province, one of the five special economic zones set up in the country following the reform and opening-up policy, I quite naturally felt Beijing …

Make life convenient while improving living environment
7 years, 10 months ago

Make life convenient while improving living environment

China Daily  

Chinese roses are in full blossom at the Temple of Heaven in Beijing, capital of China, May 16, 2017. Born in Chengdu, Sichuan province, known for its vibrant city life, and having studied in Xiamen, Fujian province, one of the five special economic zones set up in the country following the reform and opening-up policy, I quite naturally felt Beijing …

Young Chinese look beyond big expensive cities
7 years, 11 months ago

Young Chinese look beyond big expensive cities

China Daily  

Neon lights glow against the darkening sky in this night view of the Ping An International Finance Center and other skyscrapers in Shenzhen, South China's Guangdong province. China's first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen are becoming less attractive for the country's young brains, a new survey shows. Almost a quarter of respondents to the survey conducted by …

Young Chinese look beyond big expensive cities
7 years, 11 months ago

Young Chinese look beyond big expensive cities

China Daily  

chinadaily.com.cn | Updated: 2017-04-11 13:18 Neon lights glow against the darkening sky in this night view of the Ping An International Finance Center and other skyscrapers in Shenzhen, South China's Guangdong province. China's first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen are becoming less attractive for the country's young brains, a new survey shows. The survey results showed that …

Diversion instead of prevention for future urbanization
7 years, 11 months ago

Diversion instead of prevention for future urbanization

China Daily  

Models of residential buildings are seen at a sales center in Zhengzhou, Henan province, September 23, 2016. However, with the local government's rising land revenue and increase in operational costs, China Development Research Foundation's vice president Liu Shijing said the competitiveness of the industry has been dented. Secondly, the current land supply system in metropolises needs to be reformed, and …

Diversion instead of prevention for future urbanization
7 years, 11 months ago

Diversion instead of prevention for future urbanization

China Daily  

Models of residential buildings are seen at a sales center in Zhengzhou, Henan province, September 23, 2016. However, with the local government's rising land revenue and increase in operational costs, China Development Research Foundation's vice president Liu Shijing said the competitiveness of the industry has been dented. Secondly, the current land supply system in metropolises needs to be reformed, and …

China's GDP likely to grow 6.8% in Q1: think tank
7 years, 11 months ago

China's GDP likely to grow 6.8% in Q1: think tank

China Daily  

A worker at a plant in Xingtai, Hebei province, Jan 25, 2017. BEIJING - China's economy is likely to grow by 6.8 percent year on year in the first quarter of the year as production activities and investment picked up, according to a Chinese government think tank report Wednesday. The firming trend in the fourth quarter last year has continued …

China's GDP likely to grow 6.8% in Q1: think tank
7 years, 11 months ago

China's GDP likely to grow 6.8% in Q1: think tank

China Daily  

A worker at a plant in Xingtai, Hebei province, Jan 25, 2017. BEIJING - China's economy is likely to grow by 6.8 percent year on year in the first quarter of the year as production activities and investment picked up, according to a Chinese government think tank report Wednesday. The firming trend in the fourth quarter last year has continued …

Let the market determine urbanization
7 years, 11 months ago

Let the market determine urbanization

China Daily  

Models of residential buildings are seen at a sales center in Zhengzhou, Henan province, September 23, 2016. It's true that China’s first-tier cities like Beijing and Shanghai have absorbed more public resources than smaller or lower-tier cities. Therefore, I don’t support the claim that governments should relocate public resources, or give higher priority to lower-tier and smaller cities to correct …

Let the market determine urbanization
7 years, 11 months ago

Let the market determine urbanization

China Daily  

Models of residential buildings are seen at a sales center in Zhengzhou, Henan province, September 23, 2016. It's true that China’s first-tier cities like Beijing and Shanghai have absorbed more public resources than smaller or lower-tier cities. Therefore, I don’t support the claim that governments should relocate public resources, or give higher priority to lower-tier and smaller cities to correct …

Annual report boosts China and the world economy confidence[2]- Chinadaily.com.cn
8 years ago

Annual report boosts China and the world economy confidence[2]- Chinadaily.com.cn

China Daily  

As for social development, the new plan particularly specifies different methods to deal with the most pressing issues of housing and house prices. The urban housing redevelopment program will create six million new homes, and more investments will be made to develop more economic housing to meet the breakneck demand for urban housing of the poor and low income people. …

Annual report boosts China and the world economy confidence[2]- Chinadaily.com.cn
8 years ago

Annual report boosts China and the world economy confidence[2]- Chinadaily.com.cn

China Daily  

As for social development, the new plan particularly specifies different methods to deal with the most pressing issues of housing and house prices. The urban housing redevelopment program will create six million new homes, and more investments will be made to develop more economic housing to meet the breakneck demand for urban housing of the poor and low income people. …

Spending power to back China's growth in 2017
8 years, 2 months ago

Spending power to back China's growth in 2017

China Daily  

BEIJING - Consumer spending will continue to grow at a healthy pace in 2017 as the country moves quickly toward a consumption-driven economy, analysts have said. Market observers estimated the country's consumption will grow at an annual rate of 10 percent in 2016 and 2017, a key driver of overall growth eclipsing investment and exports. Consumption has played an increasingly …

Successful urbanization not just homebuying
8 years, 2 months ago

Successful urbanization not just homebuying

China Daily  

Models of residential buildings are seen at a sales center in Zhengzhou, Henan province, September 23, 2016. China Youth Daily commented on Thursday: The trend of rural residents buying homes in small cities is supposed to be a win-win outcome. As they struggle to reduce the property glut, the local governments provide favorable policies for purchasing the newly built houses, …

More cities put a clamp on property price rises
8 years, 3 months ago

More cities put a clamp on property price rises

China Daily  

Potential homebuyers examine a property project model in Nanjing, East China's Jiangsu province, Feb 28, 2016. Zhengzhou, the capital of Henan province, and Wuhan, the capital of Hubei province, have adopted the measures, taking the number of cities trying to cool the red-hot property market to 22, The Time Weekly reported. Driven by policies such as de-stocking, sold floor areas, …

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