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Chinese share prices reach five-year high
PBOC warns of potential expansion of fixed assets investment
SINA's Q3 profits up 18 percent on strong advertising
China's auto industry leaps 60 pct in profits
Housing prices up 6.3 pct in 70 Chinese cities in September
China, ASEAN ink contracts worth 600 mln USD
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Official of CBRC: Non-performing loans volume could rebound
China Shipping to buy 42 bulk carriers
Chinese regulator denies report of Citigroup buying Chinese bank
Chinese company registers 900,000th trade mark
No plans to imitate Airbus by opening "symbolic" China factory
Shanghai to receive LNG from Malaysia beginning 2009
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China's largest short-haul air carrier set to be based in Tianjin
Indonesia to boost export to China
China plans new nuclear power plant on east coast
China's largest cotton base's output to rise 11% this year
China expected to beat US as world's No. 1 auto market
World aircraft makers gather for air show in Zhuhai
 
50 pct of Chinese to live in urban areas by 2010
BEIJING, Nov. 6 (Xinhua) -- Fifty percent of the Chinese population will live in urban areas by 2010 and the figure will reach 60 percent by 2020, said Chou Baoxing, Vice Minister of Construction at an ongoing Shanghai international urbanization forum.


 Chou refuted claims that China's urbanization drive was too fast but admitted that the negative effects brought about by urbanization, including environmental problems, traffic congestion and inadequate social insurance for migrant workers, should be addressed.


"The three important yardsticks for judging if the urbanization drive is healthy are the level of protection of energy and other natural resources, respect for local history and culture and care for the low-income groups," Chou was quoted by the Fist Financial Daily as saying.


Currently, 41 percent of Chinese live in urban areas, said Shi Nan, Secretary General of the Urban Planning Society of China.


The urban areas have the capacity to accommodate 50 percent of the population by 2010, as long as migrants are evenly distributed between the country's 600 cities and 20,000 townships, Shi said.

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