According to the World Bank, China needs now a new model of urbanisation.
The international organisation advocates better allocation of land, labor, and capital.
China’s urbanization supported the country’s impressive growth and rapid economic transformation. And China avoided some of the common ills of urbanization, notably poverty, unemployment and slums. But despite the success, strains are starting to show. Many of them are familiar to you.
For more information, read Sri Mulyani Indrawati’s Opening remarks at the International Conference on Urban China: Toward Efficient, Inclusive and Sustainable Urbanization, The World Bank, March 25, 2014. [Retrieved March 26, 2014].