Santai is but one example of the urbanization that is taking place all over China.
The build-out in real estate continues as China assumes the urbanization trend has years to play out.
Therefore, it is unclear whether the hundreds of millions of rural residents are poised to benefit from the urbanization trend.
As a result of increased investment and a continuation of the urbanization trend, these cities will benefit from significant population growth and the need for new residential and commercial facilities.
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There are significant variances between cities, and I think Chanos is underestimating the poor quality of current housing (has he spent a night in local Beijing housing yet?), the pent up demand to upgrade, and the increasing urbanization of rural suburbs.
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The UNWTO credits rapid urbanization, rising disposable incomes and the relaxation of government restrictions on foreign travel.
For large scale financing urban infrastructure which is assuming critical importance in the context of rapid urbanization, conventional fiscal transfers to the urban local bodies or municipals from governments are no longer considered sufficient.
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Actively protecting and fostering the strengths of urban centres, while preventing and managing the negative effects of urbanization was noted as a vital opportunity for the UN system to achieve its overarching development goals.
The deal marks Caterpillar's bet on "the robust long-term outlook for commodities" due to urbanization in the emerging world.
"The Impact of Urbanization on Biosphere Reserves: A Comparative Study of Protected and Non-Protected Coastal Areas".
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However, the amount of wealth and the rate of urbanization here is truly astounding.
Others say that some of the enthusiasm for urbanization is already priced into some stocks.
It is pushing for greater imports of high-tech machinery to improve manufacturing and more construction in the interior for urbanization.
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"By 2030, 350 million Indians are going to get into the process of urbanization, 700 million Indians by 2050, " he explains.
Along with the benefits of urbanization, including lower environmental impact, come challenges such as how to provide large, dense and growing populations with clean water for a growing middle-class with corresponding expectations.
Milesi, who uses satellite data to study the effects of urbanization, estimates Americans use as much as 19 trillion gallons of water and 2.4 million metric tons of nitrogen-based fertilizer annually to care for their lawns.
Cuzco and the old villages still retain traces of land occupation from the Inca Empire to preserve, in a more global manner, an archaeological heritage which has become susceptible to the effects of urbanization.
He also raised the issue of the competition over water, which is increasing worldwide and will deepen with population growth, urbanization and the impacts of climate change.
Whatever the cause, this "urbanization of poverty" has resulted in the large-scale erection of primitive forms of shelter, either on public land or on private land owned by absentee landlords.
And expectations are the population and GDP growth in these countries will eclipse those of the developed world, resulting in rapid urbanization and expansion of the middle class in the emerging markets, says Awad.
It said the financial sector, urbanization, state ownership and innovation were key areas for reforms.
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Woo is also hopeful about China because of urbanization and the spread of high-speed rail.
So urbanization in the next 30 years cannot continue at nearly the same pace as it has in the last 30.
He said that the main threats in Atlantic rainforest coastal areas include chemical pollution, urbanization, fishing and the newly-found offshore oil and gas wells.
Compounding this imbalance is the fact that continuing urbanization and property development have taken large amounts of farmland out of production, threatening grain supply and agricultural development.
The country has been a major growth market for Caterpillar over the past decade and its increasing urbanization is expected to continue to drive its top-line growth over the coming years.
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Tremendous population growth, changes in government policies, development of new technologies, urbanization trends work the same way.
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However, urbanization is not the only significant characteristic of changes in the spatial distribution of the population.
The country's rapid urbanization is also creating more demand for strollers.
Moreover, urbanization is hardly the only demographic trend sweeping over China.
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