China's urban billion

According to a recent McKinsey Global Institute (MGI) study, by the year 2025, nearly a billion people in China will reside in urban centres. As many as 221 urban centres in China will have a population greater than one million; out of which 23 centres will have a population greater than five million. By 2025, over 90 per cent of China’s GDP will be generated by China’s urban economy.

You can read MGI’s full report on China, titled Preparing for China’s urban billion, here. [PDF registration required]