urbanization in china

                               URBANIZATION IN CHINA

• One quarter of world’s 500 largest urban areas in China

 • 2050: China’s urban population increase by 300-700 mil. 

• 2002 urbanization rate: 36% 

• 2050 urbanization rate: 70%

 • US (2000): 77% • Japan (2000): 79%

 • Germany (2000): 88%

                                      URBAN GROWTH

• Began in 1978 • Decentralization • Open-door, FDI • Agricultural reforms • Land-use rights• Household registration system (hukou )• Work unit (danwei )

TRANSFORMED TO

• Rural-urban migration
• Rapid urban growth
• Agricultural expansion & intensification
• GDP, 1978-2002: 8-14%
• Increase in income - vehicles - housing - changes in diet

                                         DRIVERS OF URBAN GROWTH

• Foreign and domestic investment
• Policy incentives 
• Economic opportunities and 
• migration Increases in disposable income

The below diagram shows the rate of urbanization in china in present also in future