Editorial : Urbanisation in China

【明報專訊】LAST YEAR the urbanisation rate in mainland China exceeded 60% for the first time. The next target, which is an urbanisation rate of 75% by 2035, is no longer emphasised. As stated in the latest policy that has been announced, the priority for now is to make up the shortfall in public resources in medium- and small-sized cities. Urbanisation is a product of industrialisation. With the future change in production models, it is questionable whether the development of megacities will be sustainable. Beijing and Shanghai have seen population reductions for several years in a row. If there is change in the central government's funding policies for medium- and small-sized cities in areas such as medical services and education, the trend against urbanisation will be even more obvious.