China Sets Out Urbanization Plans to Support Economic Growth

China will map out city clusters across the country’s central, western and northeastern regions and develop them into engines for growth as part of its urbanization strategy, according to the nation’s leadership.

“Diverse and sustainable” funding mechanisms will be developed to finance policies, they pledged at an urbanization conference, according to a report of the meeting by the Xinhua News Agency yesterday. Attention must also be paid to the environmental impact of such development, they said.