Year: 2025
Type: article
Abstract: This abstract delves into the profound impact of urbanization and financial policy changes induced changes on China’s economy.In the context of China’s rapid development, urbanization has emerged as a force reshaping the urban-rural economy landscape. The research methods employed include a comprehensive analysis of the long-term development of urbanization and the impact of financial policies in the meantime.The results show that urbanization and financial policy have significantly pumped economic growth. It has led to the promotion of the development of secondary and tertiary industries. The expansion of cities has increased the demand for real estate, construction, and servicess, driving up investment and consumption. Additionally, urbanization has facilitated technological innovation and knowledge spillover enhancing productivity. In conclusion, urbanization in China has been a crucial driver of economic transformation and growth. The findings of this study not only enrich the theoretical understanding of the relationship between urbanization and economic development but also provide practical implications for future urban planning and economic policies, which can better guide the sustainable development of China’s economy in the context of continuous urbanization.
Author: Yichen Liu
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4410619648