- Analytics
- News and Tools
- Market News
- China to relax residency curbs, boost infrastructure in new urbanisation push
China to relax residency curbs, boost infrastructure in new urbanisation push
China will relax residency curbs in many of its smaller cities this year and increase infrastructure spending, the state planner said, in a fresh push to boost the urban population and revive slowing economic growth.
The National Development and Reform Commission (NDRC) said it aims to increase China's urbanisation rate by at least 1% by the end of this year.
The latest push is part of its longer-term goal of bringing 100 million people into the cities over the five years to 2020. In 2018, 59.6% of China's population lived in urban areas.
"This will provide strong support for maintaining sustained and healthy economic development and overall social stability," the NDRC said.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
