China’s policy makers rate rapid urbanization as critical in propelling the nation toward a consumer-led economy. China’s ambition, etched in concrete and steel, is transforming the country, and a planned migration of people from farms to cities will occur on a scale without precedent in human history. However, as the Economist Intelligence Unit warns in this incisive study, investors seeking to carve out a niche in this vast market need to do their homework, as not every prefecture will have a thriving metropolis at its heart. The report is a fascinating read, and getAbstract recommends it to executives, investors and urban planners.
In this summary, you will learn
- Why China views urbanization as a prerequisite for its transition to a consumer-led economy;
- How demographic changes will challenge the construction of planned cities; and
- Why the spread of urbanization will not be uniform across the country, posing risks for investors.
About the Author
The Economist Intelligence Unit is an independent research and analysis organization.