Future driver of growth
By Zhao Xiao and Teng Qizun | China Daily | Updated: 2012-12-24 07:56
Huge potential to be tapped by reforms that actively and steadily advance higher quality urbanization
At a meeting on economic and social development and reform held on Wednesday, Vice-Premier Li Keqiang pointed out that urbanization will be the main driver of China's economic growth in the future and the country should gradually convert migrant workers to urban residents through reform of the hukou, or household residence registration system.
Li's remarks, together with the message from the just-concluded Central Economic Work Conference, are a clear singal that China's new leadership views urbanization as a key part of its efforts to launch a new round of reforms.
Photo