Saturday, March 07, 2009

China needs an urbanization plan

In teaching a course on China's Political Economy, I made an interesting chart showing China's urbanization rate lags far behind the urban workforce: the gap between % of registered urban residents and % actual labor force working in urban area (mostly migrant workers) has been quite persistent over the years, averaging about 15%.

(click to enlarge; source: author's own calculation and China's Statistical Bureau)