This comprehensive review from the World Bank and the Development Research Center of the State Council, the People’s Republic of China, provides important insights into China’s policies and challenges as it continues its urban transition. China is evolving from a rural, export-driven economy to a more urbanized and service-oriented environment. Despite this transformation, outdated, uncoordinated and ineffective laws still govern the nation. The new urban landscape requires that the central government increases its regional coordination to allow localities more independence. getAbstract recommends this incisive report to executives doing business with China, city planners and anyone interested in urban development in a vast, roiling laboratory.
In this summary, you will learn
- How urbanization affects China,
- Why China’s current policies must change and
- How it can plan a sound transition from a rural economy based on industrial exports to a more urban environment driven by service industries.
About the Author
The World Bank and the Development Research Center of the State Council, People’s Republic of China, issued this report.