Oghamsourcing Articles

China Urbanisation brings export opportunities

According to today’s ‘China Daily’ Some 300 million Chinese now living in rural areas – the equivalent of the entire population of the United States – will move into cities in the coming 15 to 20 years, said a senior Chinese official yesterday.
The fast pace of urbanization will create at least 1 trillion yuan in annual investment opportunities in building water supply, waste treatment, heating and other public utilities in the cities, said Xu Zhongwei, deputy policy director of the Ministry of Housing and Urban-Rural Development.
“Such a big urban population will result in huge market demand,” Xu told China Daily yesterday. (see http://tinyurl.com/mj3alx )