14 years, 8 months ago

Incomplete urbanization roadmap

Opinion Incomplete urbanization roadmap Updated: 2010-08-02 14:15 There is definite consensus that urbanization will fuel China's fast economic growth in coming years. A report by the Chinese Academy of Social Sciences has revealed that China's urban population touched 620 million last year, accounting for 46 percent of the country's total. Given that Chinese farmers on average earn just one-third of what their urban cousins take home annually, it is easy to conclude that rapid urbanization will result in a substantial increase in the country's overall income levels, thereby incurring massive urban infrastructure investment. Only by reforming the country's rigid household registration system will migrant workers become equal and permanent members of urban society.

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