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News Link • China

China' Pending Economic Impact

• arclein
China's urbanization plan anticipates that by 2020 urban residents will make up 60 per cent of the total population, compared to 53.7 per cent in 2013 — while urban permanent residents will comprise 45 per cent, compared to 36 per cent in 2013. China will have about 900 million in the cities by 2020. So 775 million will be in the 60,000 to 229,000 yuan income range. 60 million will be above that range.

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