Preparing for China's Urban Billion: A Research Report by the McKinsey Global Institute

The Center for Strategic and International Studies (CSIS)

and The U.S. Chamber of Commerce

present

 Preparing for China’s Urban Billion

A Research Report by the McKinsey Global Institute

Opening Remarks

Jeremie Waterman, Senior Director, Greater China,

U.S. Chamber of Commerce

Report Introduction

Diana Farrell, Director, McKinsey Global Institute

Report Overview

Janamitra Devan, Senior Fellow, McKinsey Global Institute

Commentator

Thomas J. Campanella, Professor of Urban Planning & Design,

UNC Chapel Hill and Visiting Professor, Harvard University

Moderator

Jim Loi, Visiting Fellow, Freeman Chair in China Studies, CSIS

 The report can be found here.  (Free registration is required) For companies—in China and around the world—the scale of China's urbanization promises substantial new markets and investment opportunities. At the same time the expansion of China's cities will represent a huge challenge for local and national leaders. Of the slightly more than 350 million people that China will add to its urban population by 2025, more than 240 million will be migrants. This growth will imply major pressure points for many cities including the challenge of managing these expanding populations, securing sufficient public funding for the provision of social services, and dealing with demand and supply pressures on land, energy, water, and the environment. McKinsey Global Institute (MGI) Director Diana Farrell and Senior Fellow Janamitra Devan will highlight key findings of the Institute’s recent report on urbanization trends in China.  The MGI report offers a rich urban productivity agenda for China's city leaders and examines what national policies are needed for China to move to a path of more concentrated urban growth.