Catch-up potential, digital tech vital for growth
China DailyCAI MENG/CHINA DAILY China's growth potential, ongoing as well as in the foreseeable future, depends on two vital factors. Currently, there are considerable gaps in developmental consumption, with the need to address unmet basic public services for nearly 300 million migrant workers in cities, being a major one. First, it is general developmental consumption based on basic public services, and second, the access of middle- and low-income groups, mainly rural migrant workers, to basic public services. The "three equalities" — equal identity, equal rights to access basic public services, and equal property rights regarding land and real estate — should be advocated in the development of rural-urban integration. Regarding equal rights to access basic public services, a new action plan focusing on the housing needs of the nearly 300 million rural migrant workers in cities should be mapped out and implemented; the government can acquire some commercial apartments and convert them into public housing for these workers.
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