China announces principles of urbanisation plans


  • World
  • Sunday, 15 Dec 2013

A Chinese national flag flutters at a construction site for a new residence complex in Beijing November 4, 2013. REUTERS/Kim Kyung-Hoon

SHANGHAI (Reuters) - China has added details to its plans to migrate millions of its citizens from the countryside into cities, state media reported Saturday, to help restructure the economy by boosting consumer demand.

The government hopes 60 percent of China's population of almost 1.4 billion will be urban residents by 2020 as the country's new leaders seek to sustain growth that last year slowed to a 13-year low of 7.8 percent.

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