Suburbanization of Urban China: A Conceptual Framework*

China has also welcomed foreign investment, and investors have been especially active in real estate projects in major coastal cities. The average annual rate of increase in Gross Domestic Product (GDP) was 10.8% in 1981-85, 7.9% in 1986-90, 11.6% in 1991-95, and 8.3% in 1996-2000. In 2003 per capita GDP exceeded $1000 for the first time. ................
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