According to Chinese news reports, urbanization could add 400 million more people to the current Chinese urban population in the next decade. Ding Yifan writes that this will objectively promote the further liberalization of China’s domestic capital markets, driven by comprehensive reform.
Niu Yi writes that China’s economy in 2013 will be guided by the quality and efficiency of economic reform, and that a new model of urbanization will provide the largest potential for promoting domestic spending.
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