CHINA’S URBAN DEVELOPMENT. ITS SPECTACULAR ASCENT, DOWNSIDE AND STRATEGICAL RETHINKING
Sarmiza Pencea and
Ana‐Cristina Bâlgăr ()
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Ana‐Cristina Bâlgăr: Institute for World Economy of the Romanian Academy
Romanian Economic Business Review, 2017, vol. 12, issue 1, 35-49
Since 2007, when for the first time in history the world urban population exceeded the number of rural inhabitants, humankind has become predominantly urban. Today, over 54% of Terra’s inhabitants are city dwellers and the world’s urbanization trend advances resolutely, with China among its main and most powerful drivers. As China’s urbanization is considered one of the two great, long-term processes that will crucially influence the development of mankind in the 21st century, along with the technological revolution led by the US, this paper aims at scrutinizing the peculiarities of this all-important process, focusing on its current weaknesses, imperfections and trends. It also looks at the planned urban development reform projects, identifying the challenges that are to be faced and the most probable prospects for China’s urbanization process
Keywords: China; urbanization; urban model; urban planning; urban reform; rural migrants (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:rau:journl:v:12:y:2017:i:1:p:35-49
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