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Industrialization and urbanization

 

China needs to improve its urbanization towards it path to industrialization. Only 44.9% of the 1.3 billion Chinese population were urbanized as of the end of 2007, compared with an average 70% for developed countries. Even though there is a additional of 1-1.5% or 12-18 million people migrated from rural to urban per year.

The lower urbanization rate and a large rural population created unbalance of in farmers’ living standards and wealth. Farmers have to face increased farming cost such as price of land (the per capita less than 1 mu (0.06 hectare) farming land), and the declining grain prices. Furthermore, due to the fact that rural and urban economies are mutually-separated, farmers are not able to increase their income neither can they benefits from China’s rapid economic growth.

The Chinese government came out with several policies and programs solve these problems. According to the China's Ecological Modernization Report 2007, the next two decades (2020~2030) will be an extremely crucial period for China's modernization as China will progressively complete industrialization and urbanization.

Below is the chart of trends of industrialization and urbanization in China from year 1978 - 2008:

Industrialization and urbanization

 

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