An article in China Daily today reports that over the next 15 to 20 years there will be an influx of 300 million people into cities across China. This will create 1 trillion yauan in annual investment in infrastructure and facilities across China. The rate of urbanisation will be 1% per year. This urbanisation is occuring at the same time as the government takes measures to protect farming land. The urbanisation will require a balance between density and lifestyle in large cities. Many cities in China exceed 10 million such as Shanghai, Chongqing, Beijing, Guangzhou, Shenzhen, Chengdu, Xian, however most of the urbanisation will occur in tier 2 cities especially in the west of China.
SOURCE: China Daily