China’s burgeoning economic success and the rapidly rising standard of living of its people have resulted in a historically unprecedented surge of urbanization that is set to continue. If current trends hold, nearly one billion people will live in urban centers by 2025. China will have 221 cities with more than one million inhabitants—compared with 35 in Europe today—of which 23 cities will have more than five million people. The urban economy will generate over 90 percent of China’s GDP by 2025.

Authors: Jonathan Woetzel, Janamitra Devan, Luke Jordan, Stefano Negri, Diana Farrell

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