Residency drags urban drive

A woman sips tea in Tianzifang, Shanghai. Up to 200 million city dwellers have no residency status. Photo: Corbis

Urbanisation is a key driver for the mainland's economic growth, as people from the rural areas, especially farmers, move to the cities to find better jobs with higher pay.

Monday, 31 December, 2012, 4:58am

Mainland property seen warm next year

Frank Tang knows how to stay in the game. Photo: SCMP

The mainland's property market is expected to bounce back next year, propelled by the new leadership's push to make urbanisation its top priority.

That is the view of top China dealmaker Frank Tang, chief executive of FountainVest Partners, a China-dedicated private equity firm partly financed by Singapore's wealth fund Temasek.

8 May 2015 - 9:46am

Urbanisation and domestic consumption Beijing's economic priorities

Urbanisation and domestic consumption Beijing's economic priorities

Promoting domestic consumption and urbanisation is at the heart of a blueprint for the mainland economy thrashed out at a weekend conference of leaders.

8 May 2015 - 9:46am

Big winners tipped amid mainland's urban shift

Food consumption on the mainland is expected to grow by 8 per cent per year in the next five years, with spending on dining out rising 18 per cent annually. Photo: NYT

Construction, commodity and retail stocks were likely to be the biggest winners from Beijing's economic policies next year, analysts said.

Promoting domestic consumption and urbanisation would be key themes on the mainland next year, Xinhua said after the country's annual economic policy-setting conference yesterday.

8 May 2015 - 9:46am

Escalating industry on the move

Rapid urbanisation drives increasing demand for advanced lifts and escalators in Asia

18 Apr 2008 - 12:00am

Population policy must strike right balance

The mainland's population problem is not just one of size, but also of structure. In a worrying development, the structural problems are getting worse even though efforts to control growth are largely a success.

18 Aug 2006 - 12:00am

Wastage under urbanisation attacked

Senior officials have criticised the massive abuse of resources which they say has taken place during the process of urbanisation.

Vice-Construction Minister Qiu Baoxing, who is in charge of urbanisation work, said local government leaders had taken advantage of development projects to build luxurious and impractical facilities in a bid to claim political credit.

7 Jan 2003 - 12:00am

Breaking the shackles

The derogatory term 'blind flow' was once used to refer to the tens of thousands of rural workers who flocked to the coastal regions of China looking for work.

18 Aug 2001 - 12:00am

Economists face urban dilemma

China faces the dilemma of whether to build mega-cities - where the infrastructure is shared by millions of people who live in high-rise apartments - or follow the country's coastal regions, where the lines between rural and urban areas are hard to define.

13 Mar 2001 - 12:00am

Urban and rural settlements

Settlement is a place where people live and carry out various economic activities on a relatively permanent basis. It can be divided into two types: rural settlement and urban settlement. The two types of settlement are differentiated by their size, density of population and employment pattern.

12 Sep 1997 - 12:00am

New cities to be created

IN a move aimed at boosting the pace of urbanisation, China's Ministry of Construction has decided to establish more than 500 new cities, each capable of holding between 20,000 to 30,000 people.

According to the ministry, towns earmarked for city status must follow guidelines covering layout, inner-city transport, sanitation and environmental preservation.

31 Aug 1994 - 12:00am