China becoming more Urban!
According to Roskin, every year there are about 13 to 21 million rural Chinese who move to cities for work. Historically 90% of the population live in the countryside and it seems that this number will continue to decrease. On March 16th 2014, the proportion of permanent urban residents of China's entire population is going to hit a whopping 60% by the year of 2020. (This info is in accordance to an unveiled urbanization plan by the central government)
This ratio is comparable to developing countries with similar per capita income levels as China. Apparently, urban household registration in itself will incase to 45% in 2020, which will be a 10.7% increase from 2013. This means about 100 million migrants will settle in the urban areas! Something to keep in mind: many of China's best entrepreneurs actually fled from rural poverty for urban opportunities.
Who cares about the hukou now?!
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This is very interesting d you think that with this growth in China it will lead to democracy or will it stay the same. This is why they keep having infrastructure problems. What happens if the growth of China stops then what will happen. The world power is suppose to be China. The sad part of this is that they do not actually own the land and me personally as an American cannot understand that why would I built something that at the end of the day is not mine.
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