
Deputy Prime Minister Li Keqiang said that urbanization is a major strategic choice for China’s modernization. When he was appointed governor of Henan Province 10 years ago, he proposed to establish Zhengdong New District and start a new approach to urbanization. It can be expected that in the next few years, this ruling mentality will be further strengthened and expanded in scope.
Li Keqiang once stressed in his article that the process of urbanization is a process in which peasants are transformed into citizens. This means that the renewal of consumption concepts and the upgrading of consumption structures mean that the release of huge consumer potential is of great significance for stimulating domestic demand and stimulating economic growth. At present, the per capita income of urban residents in China is about 3.1 times of the per capita income of rural residents, and per capita consumption is about 3.1 times that of rural residents. If a peasant truly becomes a city resident, his income and consumption will at least expand by more than three times. He supported the development of better-developed areas in the central and western regions and accelerated the development of new urban agglomerations and the formation of new growth poles.
Urbanization has provided a new and broad market for home improvement building materials. The Central Economic Work Conference held in Beijing last year pointed out that we must actively and steadily promote urbanization and strive to improve the quality of urbanization. It is necessary to make the promotion of the orderly advancement of the urbanization of the displaced population of agriculture as an important task.
In line with the urbanization construction, there is an ongoing construction of a new socialist countryside that integrates effective land into a single piece of land and concentrates on building high-rises so that peasants can concentrate on living together. Rural urbanization and urbanization in rural life have provided a new broad market for home furnishing and building materials products in the home furnishing industry.
This is crucial for the development of the real estate industry and the pan-home industry market. Different from the development of commercial housing with first- and second-tier cities residents in demand in the previous 20 years, urbanization construction and the construction of a new socialist countryside will bring the real estate market in the third and fourth-tier cities and counties and some rural areas to a new height.
More and more farmers are purchasing buildings and decorating their homes. For the pan-home industry manufacturers who have been in the doldrums for the last two years, depending on orders, such as gold, this is undoubtedly an attractive and huge "cake."
“The demand for urban construction is increasing. The transformation of old cities and the transformation of shantytowns and the second-hand renovation of old houses have provided new demands for the pan-home industry.†Luo also confirmed this fact in many inspections of the market.
Such big cities as Wuhan, Nanjing, Zhengzhou and Xi'an also include some prefecture-level cities, like big factories, and they are building construction everywhere. Small cities have become big cities, big cities have become larger cities, broken cities have become good cities, and old houses have been newly renovated. The construction site has “100 years of history, quality first†and eight characters. The decoration of homes and the decoration of public places cannot be changed for ten or twenty years. Therefore, the second decoration and three times of decoration will bring a continuous market “cake†to the building materials industry.
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