More than half of Chi­nese live in cities

China Daily (Canada) - - BUSINESS -

More than 56 per­cent of China’s pop­u­la­tion lived in cities in 2015, as the country’s ur­ban­iza­tion con­tin­ues apace, said a re­port on Tues­day. The num­ber of peo­ple reg­is­tered as per­ma­nent res­i­dents in cities ex­panded from 170 mil­lion in 1978 to 750 mil­lion in 2014, ac­cord­ing to the re­port com­piled by the Na­tional De­vel­op­ment and Re­form Com­mis­sion, the country’s top eco­nomic plan­ning body. In the same pe­riod, the num­ber of cities leapt from 193 to 653. straight months, ac­cord­ing to fig­ures an­nounced by the lo­cal govern­ment on Tues­day. From Jan­uary toMarch, more than 16 mil­lion tourists flocked to the is­land for its warm cli­mate, trop­i­cal forests and beaches, up 13.4 per­cent year-on-year. Dur­ing the pe­riod, it took in 16.8 bil­lion yuan ($2.6 bil­lion) in tourism rev­enue, up 14.2 per­cent from the pre­vi­ous year. COM­PA­NIES & MAR­KETS

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