Urban growth 'crucial'
Source: Xinhua |
August 9, 2010, Monday
|
Print Edition
Print Edition
CHINA will continue its policy of rapid urbanization for "some time yet," as it was crucial for economic restructuring as well as stable and relatively fast economic growth, a government official said.
Peng Sen, deputy director of the National Development and Reform Commission, speaking at a conference in Haikou, capital of Hainan Province, added that 46.6 percent of China's population were living in urban areas by 2009. The rate was far below that of developed nations, Peng said.
Accelerating urbanization was a "significant strategic step" to step up economic restructuring, maintain long-term stability and relatively fast economic development, build new urban-rural relationships and promote social harmony, he said.
Urban population is expected to grow by 10 million annually up to 2015, and spur over 100 billion yuan (US$14.77 billion) of consumption each year, he added.
The Chinese Academy of Social Sciences, a top government think tank, predicted in July that China's urbanization rate would hit 52 percent in 2015 and grow to 65 percent in 2030.
Peng also said the country should remove the urban-rural dual system which had become an institutional barrier, holding back China from coordinating development between urban areas and rural areas.
Peng Sen, deputy director of the National Development and Reform Commission, speaking at a conference in Haikou, capital of Hainan Province, added that 46.6 percent of China's population were living in urban areas by 2009. The rate was far below that of developed nations, Peng said.
Accelerating urbanization was a "significant strategic step" to step up economic restructuring, maintain long-term stability and relatively fast economic development, build new urban-rural relationships and promote social harmony, he said.
Urban population is expected to grow by 10 million annually up to 2015, and spur over 100 billion yuan (US$14.77 billion) of consumption each year, he added.
The Chinese Academy of Social Sciences, a top government think tank, predicted in July that China's urbanization rate would hit 52 percent in 2015 and grow to 65 percent in 2030.
Peng also said the country should remove the urban-rural dual system which had become an institutional barrier, holding back China from coordinating development between urban areas and rural areas.
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