Urbanization in China – additional information
Urbanization refers to the process by which people move from rural to urban areas and how a society adapts to the population shift. It is usually seen as a driving force in economic growth, accompanied by industrialization, modernization and the spread of education. Urbanization levels tend to be higher in industrial countries, whereas the degree of urbanization in developing countries had remained relatively low.
As of 2016, China was the most populous country in the world. The country had reached a population of approximately 1.38 billion people in 2016. According to World Bank, a mere 19.6 percent of the Chinese population had been living in urban areas in 1980. Since then, China’s urban population has skyrocketed. By 2015, about 56 percent of the Chinese population was registered in urban areas. The population of Shanghai, the largest city in China and the world’s seventh largest city is projected to reach 20 million people by 2025.
China’s urban areas are characterized by a developing middle class. Per capita disposable income of Chinese urban households had more than doubled between 2008 and 2016. The emerging middle class is expected to become a significant driver for the continuing growth of the Chinese economy.