In 2012, China reached a historic milestone with the development of more Chinese citizens living in cities than in rural areas. Rapid urbanization in China, and the accompanying transformation of agricultural non-agricultural land use, raised a number of economic, social and political problems. Can China maintain its food security due to a sharp increase in demand for land for urban development? As it could ensure sustainability of the local government finance? There was a growing number of land protest harbinger major changes in China's political institutions? As if the problems of urbanization affects the business environment for private firms? The success and viability of the overall strategy of China's economic growth depended mainly on the successful management of urban transition. "Hide
by Lakshmi Iyer, GA Donovan Source: Harvard Business School 23 pages. Publication Date: October 30, 2012. Prod. #: 713037-PDF-ENG