100 million Chinese to get greater city benefits

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#1
The reform on "hukou" has been planned. That will increase the spending for those obtain their hukou...

100 million Chinese to get greater city benefits
17 Mar 2014 16:14
[BEIJING]More than 100 million Chinese are to be given vital documents making them officially residents of the country's cities under a broad plan for the urbanisation that is crucial to economic growth.

China's new leaders under President Xi Jinping who took office a year ago have touted "people-centred urbanisation" to raise the quality of life as well as just growth rates.

The "national plan for a new model of urbanisation" calls for measurable improvements such as extended social benefits, improved air quality - an issue that causes widespread public anger - and expanded public transport.

But analysts warned Monday that while the overarching strategy and the inclusion of specific targets were positive, the real question was whether the plan would be put into action.

The plan aims for 60 per cent of China's 1.36 billion people to live in cities by 2020 and for 45 per cent to have the vital urban residency registration, or "hukou", that gives them equal access to social benefits such as education and health care. This would compare with 52.6 per cent and 35.3 per cent as of 2012.

The stated goals include "work hard to achieve 100 million rural workers and other permanent residents obtaining urban hukou".
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Ref: Business Times Breaking News
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#2
can our govt convert 99 leashold flats into truly freehold flats bo? part of urbanisation & home ownership drive mah
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#3
More info from the article. Investment of S$205 billion in rural infrastructure, and the increased consumption, are the means for targeted growth. Investment spending still taking the main role for the growth, and hopefully the consumption will pick-up fast enough, and take a major role soon...

China to spend S$205b to redevelop rural towns, boost urban population

BEIJING — China yesterday said it will invest more than one trillion yuan (S$205 billion) in redeveloping rural towns this year as the government detailed how it will boost its urban population to 60 per cent of the population.

More than 4.75 million households will be involved under the plans contained in a 2014-2020 urbanisation document unveiled last Sunday by the State Council, the official Xinhua news agency reported.

The plans said rural residents employed in cities will see their incomes rise and increasing consumption, while investment in urban infrastructure, public service facilities and housing will drive economic development.

The plans also provide details on how China will seek to achieve a 7.5 per cent target this year for expansion while sustaining growth through the rest of the decade.
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http://www.todayonline.com/chinaindia/ch...population
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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