Singapore official: Asian cities can harmonize economic growth and environment

With good management, Asian cities can sustain economic growth and provide a even higher standard of living for their population, said Singapore’s Senior Minister of State for National Development Grace Fu here Wednesday.

Speaking at an event of the World Cities Summit which is held here from Tuesday, she said a key common challenge facing cities in Asia is to pursue economic growth while ensuring environmental and social sustainability.

While economic growth can bring more wealth and resource to cities, she pointed out that the distribution of wealth may be uneven, “economic growth can also widen the income disparity among the population and stress the social fabric that underpins economic and social stability.”

SOURCE: Xinhua – Singapore official: Asian cities can harmonize economic growth and environment_

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