China / Politics

China unveils urbanization plan for 2014-2020

(Xinhua) Updated: 2014-03-16 20:35

BEIJING - China on Sunday unveiled an urbanization plan for the 2014-2020 period in an effort to steer the country's urbanization onto a human-centered and environmentally friendly path.

China unveils urbanization plan for 2014-2020

Urbanization is the road that China must take in its modernization drive, and it serves as a strong engine for sustainable and healthy economic growth, according to the plan released by the Central Committee of the Communist Party of China (CPC) and the State Council, the country's cabinet.

"Domestic demand is the fundamental impetus for China's development, and the greatest potential for expanding domestic demand lies in urbanization," the plan said.

At present, the proportion of permanent urban residents to China's total population stands at 53.7 percent, lower than developed nations' average of 80 percent, and 60 percent for developing countries with similar per capita income levels as China.

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