Urbanization is backbone of the booming economy

Author: 

China Daily

Publication date: 

Thursday, 17 January 2013

Type: 

  • Article

Producer: 

External to ACUI

Project theme: 

Document: 

Urban rail development, and medical and other services are likely to lead the Chinese economy in 2013, which is almost certain to be a year of greater growth than 2012 was. They reflect the stronger-than-ever momentum in the drive for urbanization, and the government's intention to use it as the economy's main powerhouse in the coming decades. All industries that have something to do with the development of cities and city-based services are poised to grow faster.