Frost & sullivan GMT, headquartered in the United States the world's leading market research agencies released a report this morning said that China will become the world's largest economy in 2025, when China's nominal gdp will reach $ 38 trillion.
The report, "China's Megatrends: 2025 macro and onlookers revelation," the report said, there are ten trends will be accelerated to promote the development of China's economy and the economic growth rate reached 16% in 2020. Ten trends, including urbanization, a good business environment, massive infrastructure investment, more and more of the working age population, broadband investment. China will be the global manufacturing base to transform into one of the world's largest consumer market.
The report predicts that,65.4% of the Chinese population by 2025, which is about 921 million Chinese people will live in cities, the figure is 2.6 times the total U.S. population.
At the same time, the development of China's mega-cities will drive Asia to become the financial center of the world.At that time,China will have 13 mega-cities, mega regions, six mega economic corridor.Which mega-cities will become a major center for business and economic activities, 2025, contributed $ 6.24 trillion to China gdp.
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