Cities called key to growth

Author: 

Lan Lan and Wei Tian (China Daily)

Publication date: 

Saturday, 17 March 2012

Type: 

  • Article

Producer: 

External to ACUI

Project theme: 

Document: 

Urbanization will be a major feature of China's economic growth and continue to gain momentum, Liu He, Party chief of the Development Research Center of the State Council, said on Saturday. At the China Development Forum 2012, economists said that China urgently needs to step up its economic restructuring, noting that urbanization and further reform of the nation's distribution system will speed up the process. A slew of new central cities will gradually emerge in China's western areas, unleashing enormous potential for investment and consumption, Liu said.