The Big Call
China's urbanisation shifts to overdrive
- Published 10 Dec 2009
The construction of new urban areas accelerated rapidly this year and is set to continue to expand at a similar speed in 2010, and the locomotive for growth is shifting appreciably toward lower tier cities.
China's urbanisation is the biggest and fastest the world has ever seen. The numbers are so huge that rounding errors are counted in the tens of millions. By official estimates, 45.7% of the total population of 1.3bn were thought to live in urban areas at the end of 2008, with the remainder as residents of rural settings. By 2030 – according to one plausible baseline scenario – the national population is expected to peak at 1.5bn and some 900m people will reside in cities, leaving some 600m still in the countryside.
Login
If you are already an FTChinaConfidential subscriber, please log in below.
Other Articles on this Issue
-
Consumer China
Looking to the lower tiers
Lenovo Group (0992:HKG)
Xinyu Hengdeli (3389:HKG)
BYD (1211:HKG)
Anta Sports Products (2020:HKG)
New Oriental (EDU:NYSE)
Home Inns & Hotels Management (HMIN:Nasdaq)
-
Funds Data
Dollar weakness continues to shape investment flows
-
Postcard From No 528
Consumption: the catchword of 2010
-
In Depth
Urbanisation galvanises lower tier cities
Heyuan – Riding on the Pearl River
Jingzhou – The slower lane
Ordos – An empty city on the steppe
Shouguang – Rapid urban expansion
Jinjiang – Cradle of domestic brands
Shuangliu – Urbanising the countryside
Fangchenggang – A port facing Asia
-
The Best of Chinese Commentators
China and climate change pledges
Is growth set to slow next year?
-
Editor's View
Learning from the grassroots
- View issue
-CC-3.2.3a-prod

