Cities and urban areas function as engines for economic growth as they mobilize labor and capital to create economies of scale through the agglomeration of production factors and increase productivity. They also create a consumer base through whose consumption of manufactured products encourages...

Based on comparison of consumer durables between China's average and Shanghai, we found that fastest growth would occur in potential markets in air-conditioner and color TV among other home appliances; and in computers, mobile phones and passenger cars. On the other hand, it is pointed out that...

Urbanization is the most important social-economic phenomenon in China today. Xi Jin-Ping regime would focus on urbanization for the new growth momentum on one hand and cure for social instability on the other.Urbanization rate will reach 70% until 2030 creating almost 20 million urban...