China Plans Housing For 3.4 Billion People

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By Douglas A. McIntyre Updated Published
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China Plans Housing For 3.4 Billion People

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China’s current population is 1.4 billion. The government is planning well in advance for the growth of its residents, and perhaps too far. The Xinhua News Agency reports the People’s Republic hopes to building housing for 3.4 billion people, which is more than the populations of India and China combined.

By 2030, the towns built to accommodate these people will total 3,500, according to a Google Translate version of the Xinhua News Agency article.

The article shows that some experts believe the building will be over-built because there will not be enough people

Translation

State Council Development Research Center researcher Zuo Jun, said: “At present, China household population urbanization rate of 39.9%, but also to improve the next five percentage points, equivalent to 100 million people in towns, the task is arduous.”

However, “Xinhua Viewpoint” reporter survey found that, compared to this difficult task, some places put forward more ambitious objectives. National Development and Reform Commission reform and development of cities and small towns in the center of the survey, according to incomplete statistics, as of May 2016, the number of the county and the county more than 3,500 Metro Area. According to the survey of the Centre had released, these new city district plan population reached 3.4 billion.

Research on the National Development and Reform Commission reform and development of small towns and urban centers showed more than 3,500 Metro, the National District 17; all kinds of state-level economic and technological development zones, high-tech zones, fully protected areas, border economic cooperation zones, export processing areas, tourist resorts, etc. about 500; a plurality of various types of provincial industrial park 1600; large-scale industrial park in the city of 1000; the county the following types of industrial park of millions.

“Planning 3.4 billion population, China is currently equivalent to about 2.5 times the size of the population, enough to hold about half of the world’s population under.” President of the South China Institute of City Planning, Professor of Management College of Jinan University, Hu Gang said that this plan is clearly unrealistic.

National School of Administration, said Wang Yukai, the baby boom of the Chinese population has been in the past, even if the full liberalization of the second child, the population growth rate will not rise sharply, the main town of the incremental transfer of population from rural to town. Consider the wishes of the city, settled in capacity and other factors, no matter how calculated, and 3.4 billion people filled up “pit.”

“The important task is to get people.”

How to implement population planning? West, southwest and city planning several department heads in an interview with reporters, he said, “We have an important task is to get people.” In addition to the transfer of the rural population into the city, the population of some cities also introduced targets to focus on regional and urban migration on.

China Regional Science Research Council chairman, Nankai University professor Spatial Transition and other experts interviewed said that the size of the urban population has clearly differentiated control signal, strictly control the size of the population of mega-cities, small cities to speed up the liberalization of settled system. With the population of megacities “overflow” of small towns and small cities, it may usher in big cities to undertake the transfer of part of the population positive.

However, in reality, people gather to play the important task of medium and small cities are facing the embarrassment. Recently published “National new urbanization Report 2015” shows that Chinese migrant workers flow above the level of more than 70%, the flow of the small town of less than 10%.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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