15 March 2009
Preparing for China’s Urban Billion
By McKinsey Global Institute
The McKinsey Global Institute (MGI) launched a major initiative two years ago to study the evolution of urbanization of China and to derive insights into how this process will develop. More than 20 consultants and experts have explored the global economic and social implications of the unprecedented expansion of China's cities and how national and local policy makers can shape China's urban development to 2025 and beyond. Preparing for China's Urban Billion describes the findings of our research and is available to download for free at our website www.mckinsey.com/mgi.
The views presented in this two-volume work are based on long-term macroeconomic trends in China. While the recent downturn in the global economy is bound to impact China in the short term, we believe the long-term fundamentals on which we have based our study are likely to hold out.
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