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| Content Provider | OECD iLibrary |
|---|---|
| Organization | OECD |
| Abstract | Over the last three decades, urban development has taken off in the People’s Republic of China, in tandem with its extraordinary growth performance. On the whole, urbanisation and development have reinforced one another. The growth of cities has been driven in large part by the dramatic growth in agricultural productivity set in motion by the first wave of reforms and the end of the 1970s, which reduced the need for labour on the land and generated unprecedented income growth. This, in turn, helped spur the development of China’s urban sectors, which took off as the country opened up to external markets, turning China into an export powerhouse. As cities grew larger and denser, the economic benefits of agglomeration came into play, helping to sustain productivity growth. The results have been staggering. The urban population has roughly quadrupled, reaching more than 750 million. Hundreds of millions of people have been lifted out of poverty, and China has been transformed from an overwhelmingly agrarian and relatively poor country into a predominantly urban, industrial middle-income economy. GDP has risen more than 16-fold, and its share of global GDP has risen almost 7-fold. |
| Page Count | 16 |
| Starting Page | 13 |
| Ending Page | 28 |
| Language | English |
| Publisher | OECD Publishing |
| Publisher Date | 2015-04-18 |
| Access Restriction | Open |
| Subject Keyword | Governance Urban, Rural and Regional Development |
| Content Type | Text |
| Resource Type | Chapter |
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