Income gap widening in China: survey

Author: 

China Daily

Publication date: 

Saturday, 14 June 2014

Producer: 

External to ACUI

Document: 

 

China's accelerating urbanization will create many business opportunities in a variety of fields while posing new challenges to city planners, said a senior executive of a foreign company. Urbanization is the driver of new growth and innovative business ideas, said Yu Dahai, member of the executive board of Evonik Industries AG, one of the world leaders in specialty chemicals. He said the intelligent solutions his company can offer are of particular significance to China's urbanization in terms of transportation, energy efficiency, food safety and other vital issues.