China’s Shift to City-Led Growth
Though China has achieved some four decades of rapid economic development, one powerful source of growth has yet to be fully tapped: urbanization. Now, the potential of cities as an engine of dynamism and increased prosperity is finally getting the attention it deserves.
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SHANGHAI – China has achieved some four decades of rapid economic growth. But one powerful source of growth has yet to be fully tapped: urbanization. Now, the potential of megacities as an engine of dynamism and increased prosperity is finally getting the high-level attention it deserves.