2015-03-09

Urbanization in 2014 and Beyond

The National Bureau of Statistics has a new report on urbanization out. Urbanization slowed last year and the demographic dividend died. Population is still moving from rural to urban, but the rate of increase slowed. Urbanization will continue, in part because rural fertility exceeds urban fertility, but as China urbanizes, fertility is also converging with Singapore and Hong Kong near 1. Urbanization is a demographic cannibalization strategy aimed at delivering GDP today, with the cost of reduced fertility in the long-run. If population reduction is a benefit too, then it's the one-child policy by another name......
NBS: 2014公报解读:新型城镇化——经济社会发展的强大引擎

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