Asia

China's Biggest Challenge: Urbanizing the Interior

By on November 03, 2010

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Torrid Growth

"There is absolutely torrid growth taking place in central China," said Daniel Rosen, a principal of the Rhodium Group, a New York-based economic advisory firm.


Accelerating the urbanization of central and western China will push economies there to grow, Vice Premier Li Keqiang said in a speech in February. Boosting domestic demand and moving people into the cities are priorities to maintain China's fast long-term growth, he said.


The Chinese government has said it aims to quadruple per-capita gross domestic product from 2000 to 2020.

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