Urbanization is an important part to Brazil's development.
城市化是巴西发展的重要一部分。
Brazil is toward the latter part of its
urbanization.
巴西进入了城市化的后期发展阶段。
You should pay attention to the quality of
urbanization.
你们应当重视的城市化水平。
Urbanization has led to significant changes in the city's landscape.
城市化导致了城市景观的重大变化。
The rapid pace of
urbanization is putting immense pressure on infrastructure and resources.
快速的城市化进程给基础设施和资源带来了巨大压力。
Urbanization often results in the gentrification of previously low-income neighborhoods.
城市化常常导致原本低收入社区的绅士化。
One consequence of
urbanization is the displacement of rural populations into cities.
城市化的一个后果是农村人口向城市的迁移。
The government is implementing policies to manage and guide sustainable
urbanization.
政府正在实施政策以管理和引导可持续城市化。
Urbanization can contribute to economic growth by creating new job opportunities.
城市化通过创造新的就业机会可以促进经济增长。
With
urbanization comes an increased demand for housing, leading to higher real estate prices.
随着城市化的推进，对住房的需求增加，导致房地产价格上涨。
Environmental issues, such as air pollution, often加剧with
urbanization.
环境问题，如空气污染，往往会随着城市化而加剧。
Urbanization has facilitated cultural exchanges and diversification within cities.
城市化促进了城市内部的文化交流和多样化。
The process of
urbanization has transformed many traditional villages into modern towns.
城市化过程已将许多传统村庄转变为现代城镇。
Cui Jinsong, a professor at Hubei University of Technology, said: "With urbanization and consumption upgrade, there is an increasing trend of social function concentration, where consumers urgently need high-quality multi-functional indoor leisure and entertainment spaces that are available 24/7.
湖北工业大学教授崔劲松表示：“随着城市化和消费升级，社会功能集中度呈上升趋势，消费者迫切需要全天候提供的高品质多功能室内休闲娱乐空间。
Continued urbanization and development of the industrial sector will create fresh demand for steel and iron ore in China, Bartolomeo said during a recent news conference.
Bartolomeo在最近的新闻发布会上表示，持续的城市化和工业部门的发展将为中国的钢铁和铁矿石创造新的需求。
With the ongoing urbanization process, more people are expected to move to cities in the future, further driving up the country's energy consumption," Shamsairi said.
随着城市化进程的持续，预计未来会有更多的人搬到城市，从而进一步推高国家的能源消耗，”沙姆赛里说。
In past decades of urbanization, the products have been widely used in myriad of high-rise buildings, bridges, piers, railways, river dredging and maintenance projects, ultra-high voltage power projects and others because of its adaptability to various geological conditions, said Xu Jingxin, chairman of the group.
该集团董事长徐景新表示，在过去几十年的城市化进程中，由于其对各种地质条件的适应性，该产品已广泛应用于无数高层建筑、桥梁、桥墩、铁路、河道疏浚和维护工程、特高压电力工程等。
China is still in the process of rapid urbanization, which has been accompanied by increases in industrialization and productivity as well as economic growth for the whole country, he said.
他说，中国仍处于快速城市化进程中，伴随着工业化和生产力的提高，以及整个国家的经济增长。
The latest data released by the NBS showed that the urbanization rate in China stood at 65.22 percent by the end of 2022.
国家统计局发布的最新数据显示，截至2022年底，中国城镇化率为65.22%。
Keppel Land, the property arm of Singapore's multinational company Keppel Corporation, is betting on the accelerating urbanization trend in China to create new sources of growth.
新加坡跨国公司吉宝集团旗下的房地产部门吉宝置地（Keppel Land）正押注于中国城市化趋势的加速，以创造新的增长来源。
"China is currently undergoing rapid urbanization.
“中国目前正在经历快速的城市化。
we hope to make contributions to sustainable urbanization in China.
我们希望为中国的可持续城市化做出贡献。
Eyeing rapid urbanization and rising disposable incomes in China, New Zealand-based Silver Fern Farms is upbeat about the Chinese consumption market and will continue to invest in the country, its top executive said.
总部位于新西兰的Silver Fern Farms公司高管表示，鉴于中国快速的城市化和可支配收入的增加，该公司对中国消费市场持乐观态度，并将继续在中国投资。
Many opportunities have been created by the stable growth of China's outbound direct investment (ODI) and its companies' desire to further compete with other foreign players in the global arena, as well as many countries' surging demand in their pursuit of sustainable urbanization and industrialization.
中国对外直接投资（ODI）的稳定增长及其公司在全球舞台上进一步与其他外国参与者竞争的愿望，以及许多国家追求可持续城市化和工业化的需求激增，都创造了许多机会。
With China accelerating the pace of "new infrastructure" and urbanization projects to bolster its economic growth, ABB Group, the Swiss technology company, plans to seize more market share as the demand for smart building and power facilities have notably surged in recent years, said a senior executive in China.
一位中国高管表示，随着中国加快“新基础设施”和城市化项目的步伐，以支持其经济增长，瑞士科技公司ABB集团计划抢占更多的市场份额，因为近年来对智能建筑和电力设施的需求明显激增。
"We will ramp up financial support for major infrastructure projects in the areas of transportation, energy, water conservancy, new infrastructure and China's new-type urbanization, and allocate more credit resources to projects that are in line with the nation's policy orientation, including carbon emissions reduction, technology innovation, logistics and green development projects," Lin said.
林说：“我们将加大对交通、能源、水利、新型基础设施和新型城镇化等重大基础设施项目的财政支持力度，并将更多信贷资源用于符合国家政策导向的项目，包括碳减排、技术创新、物流和绿色发展项目。”。
The metro line under construction, together with Line 1 which has just been put into operation, will play a bigger role in the city's urbanization and facilitate urban trips for residents, said Nantong Rail Transit Co Ltd, the city's metro operator.
南通市地铁运营商南通市轨道交通有限公司表示，正在建设的地铁线路和刚刚投入运营的1号线将在城市化进程中发挥更大的作用，为居民出行提供便利。
Improved infrastructure will push forward the nation's urbanization progress and smoothen domestic circulation, paving the way for the building of a unified market, Fan said.
范说，基础设施的改善将推动国家的城市化进程，畅通国内流通，为建立统一的市场铺平道路。
Improved infrastructure will also push forward the nation's urbanization progress and smoothen domestic circulation, paving the way for the building of a unified market, she added.
她补充道，基础设施的改善也将推动国家的城市化进程，畅通国内流通，为建立统一的市场铺平道路。
In addition, the country's urbanization, digitalization and upgraded consumption give us vast opportunities," said John Wang, president of Signify Northeast Asia and senior vice-president of Signify.
此外，中国的城市化、数字化和消费升级为我们提供了巨大的机会，”Signify东北亚总裁兼Signify高级副总裁John Wang表示。
Ma Yuntong, BEWG's assistant president, said that driven by many countries' fast-growing pace of urbanization and industrialization, demand for upgrading the existing water supply and sewage treatment plants has significantly soared in recent years, and many of them have surging demand to build new facilities, such as desalination plants, solid waste treatment plants and other environmentally friendly projects.
BEWG总裁助理马云彤表示，受许多国家快速增长的城市化和工业化步伐的推动，近年来对现有供水和污水处理厂的升级需求大幅飙升，其中许多国家对建造新设施的需求激增，如海水淡化厂，固体废物处理厂和其他环保项目。
For instance, urbanization increases the focus on constructing new energy-efficient buildings and renovating old ones.
例如，城市化增加了对建造新的节能建筑和翻新旧建筑的关注。
Chen said loneliness, pushed by fast urbanization and other factors, has been soaring among young consumers, adding toys are one of the practical ways to ease such a feeling by providing companionship and comfort.
陈说，在快速城市化和其他因素的推动下，年轻消费者的孤独感一直在飙升。他补充说，玩具是通过提供陪伴和舒适来缓解这种感觉的实用方法之一。
One of its top executives said on Tuesday that BHP is anticipating more growth opportunities in the country amid urbanization.
必和必拓的一位高管周二表示，随着城市化进程，必和必拓预计该国将有更多的增长机会。
"BHP has a business that's very complementary to China, as the country's extraordinarily successful urbanization and industrialization drive over the last 40 years has led to a mutually beneficial relationship in steel, copper and energy commodities," he said.
他说：“必和必拓的业务与中国非常互补，因为中国在过去40年中非常成功的城市化和工业化运动导致了钢铁、铜和能源商品领域的互利关系。”。
"The next wave of Chinese development, characterized by late-stage urbanization, high-value manufacturing like new energy vehicles, emissions and energy intensity reduction, will breathe fresh life into traditional commodities and open up a range of new areas of mutual interest.
“中国的下一波发展，以后期城市化、新能源汽车等高价值制造业、排放和能源强度降低为特征，将为传统商品注入新的活力，并开辟一系列共同感兴趣的新领域。
As economic growth data and research results show that second- and third-tier cities are the main markets for upper mid-scale hotels, driven by accelerated urbanization, Hilton found that the purchasing power of their residents is continuously growing, while management costs are still at a comparatively low level.
由于经济增长数据和研究结果表明，在城市化加速的推动下，二三线城市是中上规模酒店的主要市场，希尔顿发现，其居民的购买力正在持续增长，而管理成本仍处于相对较低的水平。
On the other hand, in the long term, China's economic transformation has brought various trends such as new urbanization, as well as industrial and consumption upgrades.
另一方面，从长远来看，中国的经济转型带来了诸如新型城镇化、产业升级以及消费结构升级等多种趋势。
The State-owned group is confident it can harness new growth opportunities presented by many countries' plans to build new railroads and subways, regional shipping lines and service hubs, upgrade their urbanization and modernize their economies for scale and sustainable growth.
这家国有集团相信，它能够抓住众多国家建设新铁路和地铁、区域航运线路和服务枢纽、升级城市化以及现代化经济以实现规模化和可持续增长所带来的新增长机遇。
It will also upgrade their urbanization and modernize their economies for scale and sustainable growth, said Yang Jianping, the company's chairman.
该公司董事长杨建平表示，这也将提升他们的城市化水平，使他们的经济规模实现可持续增长。
The incidence of the disease has been rising in China, owing to a Westernized lifestyle, urbanization and industrialization, experts said.
专家表示，由于西方化的生活方式，以及城市化和工业化的影响，这种疾病的发病率在中国呈上升趋势。这句话的翻译如下：
"We are confident that we can harness the new growth opportunities presented by many countries' plans to build modern agricultural projects, as well as regional transportation and service hubs, upgrade their urbanization and modernize their economies for scale and sustainable growth," Guo said.
“我们有信心抓住许多国家规划现代农业项目、建设区域交通和服务枢纽、升级城镇化、实现经济规模化和可持续发展的现代化进程所带来的新增长机遇,”郭说。
The bank fully supported the national and regional strategic blueprint, intensified efforts to support key areas such as manufacturing, new infrastructure and new urbanization initiatives, major projects, rural revitalization, green credit and private enterprises.
该行全力对接国家和区域战略蓝图，持续加大对制造业、新基建、新型城镇化等重点领域，重大项目、乡村振兴、绿色信贷、民营经济等重点领域的支持力度。
CCCC is confident it can harness the new growth opportunities presented by many countries' plans to build economic development zones, regional shipping lines and service hubs, upgrade their urbanization and modernize their economies for scale and sustainable growth, said Sun Ziyu, vice-president of the Beijing-headquartered group.
中国交通建设集团有限公司副总裁孙子裕表示，总部位于北京的中国交建有信心抓住众多国家规划建设经济开发区、区域航运线路和服务枢纽，推进城镇化和经济规模化及可持续发展的新机遇。
"What is key is a combination of growth and demand that is linked to income and urbanization.
关键在于与收入和城市化相关的增长和需求的结合。
Since the government set the target of basically achieving a new type of urbanization by the end of 2025 and taking a leading role in smart city development, supported by smart governance, green environment and digital technologies earlier this year, Wang stressed the new type of urbanization is not simply demolishing and rebuilding buildings.
自今年年初政府设定目标，要在2025年底前基本实现新型城镇化，并在智能治理、绿色环境和数字技术支持的智慧城市发展中发挥主导作用以来，王先生强调，新型城镇化绝不是简单地拆旧建新。
Philip Hoare, president of Atkins, said the group's growth in China will follow the country's urbanization and industrial stimulus measures to remain competitive, and its project designs in the GBA will be the company's new sample cases during the five-year plan period.
阿特金斯集团(Atkins)总裁菲利普·霍尔(Philip Hoare)表示，随着中国城市化和产业刺激措施的推进，阿特金斯在中国的增长将保持竞争力，而在粤港澳大湾区(Greater Bay Area, 简称GBA)的项目设计将成为公司五年规划期间的新样本案例。
During the past 30 years, with China's rapid economic development and accelerated urbanization process, the country's glass facade industry realized leapfrog development.
近30年来,伴随着中国经济的迅速发展和城市化进程的加快,中国的玻璃幕墙行业实现了跨越式的发展。在过去三十年里，随着中国经济的快速发展和城市化进程的加速，中国玻璃幕墙产业实现了飞跃式的发展。在改革开放初期，中国玻璃幕墙行业几乎一片空白，技术和设备都需要从国外引进。然而，经过数十年的努力，中国玻璃幕墙行业不仅填补了技术空白，还实现了自主创新，成为全球最大的玻璃幕墙生产国和消费市场。
"Citing the double-digit year-on-year growth in both FYP and net operating revenues, Shi said the company reported a sound business performance in the first quarter, fueled by the enabling business environment, people's rising earnings，increasing urbanization and Waterdrop's unique business model and technology-driven growth.
石先生指出，公司第一季度业绩表现稳健，这得益于有利的商业环境、人们收入的增长、城市化的加速以及水滴独特的商业模式和科技驱动的增长，表现为FYP和净运营收入都实现了两位数的同比增长。
""Over the past 10 years we have grown rapidly in the China market, fueled by rising urbanization, a growing middle class and consumers' increasing demand for healthy, nutritious foods," Jiang said.
江表示：“过去十年间，我们在中国市场的成长十分迅速，这一增长得益于快速的城市化进程、不断壮大的中产阶级以及消费者对健康、营养食品日益增长的需求。”
Ivan Kinsella, chairman of the New Zealand Business Roundtable in China, said China's continual upgrading of consumer demand, increasing urbanization of its population and massive market scale remain appealing to New Zealand, and the complementarity between the two countries is excellent in terms of bilateral trade.
新西兰中国商业圆桌会议主席伊万·金斯ella表示，中国的消费者需求不断升级、人口持续城市化以及庞大的市场规模对新西兰仍有吸引力，两国在双边贸易方面的互补性也非常好。
Many opportunities come from the country's ongoing consumption upgrading boom, fast urbanization pace and the rising appetite among certain consumers for customized products such as shower rooms and kitchen sinks, said George Wu, president for Asia of Fortune Brands Global Plumbing Group, a business unit of FBHS.
富思特品牌全球水暖集团(Fortune Brands Global Plumbing Group)是FBHS的一个业务部门，该集团亚洲区总裁吴乔治(George Wu)表示，中国持续的消费升级热潮、快速的城市化进程，以及消费者对定制产品(如淋浴间和厨房水槽)日益增长的需求，为该公司带来了许多机会。
"It's also the growth pole of the new type of urbanization guiding China's next phase of growth.
它也是引领中国下一阶段增长的新城镇化模式的增长极。
Mining giant BHP Group anticipates more growth opportunities in China thanks to the country's high-quality urbanization, a top company official said.
矿业巨头必和必拓集团的一位高管表示，由于中国高质量的城市化建设，该公司预计在中国将有更多的增长机会。
"BHP remains invested in and committed to China's continued urbanization and ongoing prosperity.
BHP仍然对中国持续的城市化和不断繁荣保持投资并作出承诺。
Given our long and valued history with our many partners in China, I am confident that BHP can help further advance the economic, industrial and environmental aspirations in China's next 30 years of urbanization.
考虑到我们与中国众多伙伴长期且宝贵的合作历史，我深信必和必拓有能力助力中国在接下来30年的城市化进程中，进一步推动经济、工业和环境的发展愿景。
According to the Anglo-Australian company, China's urbanization to date and the rise in living standards for the Chinese people are part of the greatest accomplishments the world has ever seen.
根据这家英澳公司的说法，中国至今的城市化进程以及中国人民生活水平的提高是世界上前所未有的伟大成就。
"Greater market demands are emerging as the country is striving to realize a higher level of urbanization, stronger domestic market and sustainable development," Tan added.
“随着中国努力实现更高水平的城市化、更强壮的内需市场以及可持续发展，更大的市场需求正在出现，”谭主委补充道。
Many opportunities come from Chinese consumer's rising incomes and China's fast urbanization pace, as well as younger generation's surging demand for various dairy products, said Jun Okajima, director general manager of Meiji Dairies (Suzhou) Co Ltd.
美智子乳品（苏州）有限公司总经理奥田俊表示，许多机会源于中国消费者收入的增长、中国的快速城市化进程以及年轻一代对各种乳制品日益增长的需求。
"The Asia-Pacific is the world's largest chemicals market, with local demands evolving toward high-value, specialty chemicals that help customers meet rapidly-developing megatrends in mobility, urbanization and sustainability, said Jon Penrice, Dow Asia-Pacific president.
“亚太地区是全球最大的化学品市场，当地的需求正在向高附加值、特殊化学品转变，这些化学品有助于客户应对快速发展的移动性、城市化和可持续性的大趋势，”陶氏亚太区总裁Jon Penrice表示。
She added that the country's internal circulation will boost domestic steel demand with the help of new infrastructure and new urbanization that focuses on city clusters centered around the top cities.
她补充说，以顶级城市为中心的城市群新基础设施和新型城镇化将推动国内钢铁需求的内循环。
"The pushing power behind the application of such high-speed cargo trains is China's booming e-commerce sector and fast urbanization pace," he said.
他指出，推动这种高速货运列车应用的背后力量是中国蓬勃发展的电子商务行业和快速的城市化进程。
China's rapid urbanization, modern manufacturing and a vibrant services sector are all massive growth opportunities for foreign firms as well as domestic companies.
中国的快速城市化、现代化制造业和充满活力的服务行业都为国内外企业提供了巨大的增长机遇。
"Improving people's awareness of safer driving is a practical way of cutting unnecessary road accidents and keeping up with the process of healthy urbanization in China," he added.
“提高人们安全驾驶的意识是减少不必要的道路交通事故和保持中国健康城市化进程的切实方法，”他补充道。
It will also power the country's industrial upgrading, major infrastructure construction and urbanization, while helping to alleviate poverty, he said, adding that the whole project is scheduled to be completed by the end of this year.
这也将推动该国的产业升级、重大基础设施建设和城市化，同时有助于减贫。他补充说，整个项目预计将在今年年底完成。
Ding said what is key is a combination of growth and demand that is linked to income and urbanization.
丁志杰表示，关键在于与收入和城市化相关的增长和需求的结合。
Besides, the urbanization rate is still low and development in different areas is uneven, and there exists untapped demand," she said.
此外，城镇化率仍然较低，各地区发展不平衡，存在大量未释放的需求，”她说。
Owing to China's fast pace of industrial upgrading and urbanization, the German company's sales revenue grew by 11 percent year-on-year to over 261 million euros in its 2019 fiscal year.
由于中国的产业升级和城市化进程迅速，该德国公司在2019财年的销售额同比增长了11%，超过2.61亿欧元。
As a big-ticket project aimed at supporting the tangible development of the Belt and Road Initiative, the project will provide more power to boost the Southeast Asian nation's urbanization and industrialization pace in the next stage of development.
Many opportunities come from these regions' surging demand for greener building materials, automobile glass, high-end chemicals, plastics and other industrial goods to accelerate their urbanization, the development of smart cities, traditional and new infrastructure projects, said Javier Gimeno, Saint-Gobain's senior vice-president.
It will become a key component of developers' next growth stage while the urbanization of the population is speeding up, Zhang said.
"A mixture of factors, including urbanization, environmental impact, and a pure surge in animal protein consumption have made it practically impossible to feed the population with inexhaustible animal protein," she said.
The fund mainly invested in sectors including resource exploitation, industrial park construction and urbanization in poor areas, according to Wang Weidong, general manager of the fund, adding that projects that could create more jobs for those regions were prioritized.
In the long run, the company believes that China' s travel market will continue to grow rapidly driven by rising disposable income, upgrade of consumption power and increasing urbanization.
"It is a combination of growth and demand that is linked to income and urbanization.
Eager to seize more market share and promote brand awareness in China, DuPont showcased a portfolio of products focused on four key themes: connectivity and mobility, healthy living, urbanization and safety, and environmental protection during the second China International Import Expo held in Shanghai in November.
Zhao Ying, a researcher at the Beijing-based Institute of Industrial Economics, which is part of the Chinese Academy of Social Sciences, said that rising incomes, accelerating urbanization and diversified food options in China are further driving demand for safer food and industrial products, as well as quality consumer goods, such as furniture, vehicle parts and cosmetics.
Chinese property services provider Vanke Service has joined hands with Cushman & Wakefield to set up an asset services company in Shenzhen, as the two see large room for development in the industry with the country's urbanization.
Driven by urbanization and a transformation in working culture, there exist robust demands for flexible and innovative working space in China, creating a significant opportunity for the industry.
Focus is also sharpening on sustainable development strategies for urbanization, industrialization and service sectors, Hoermann said.
When I think in the long term, even both short and long term, ultimately the demographic changes and the expansion of healthcare and continued urbanization in China will create the need for more healthcare.
With the acceleration of urbanization and expansion of the middle class, the size of the consumption group and their needs have been continuously increasing," he said.
While traditional demand is shrinking, a new market is emerging and expanding in e-commerce, fueled by urbanization and a growing middle-income group.
"Mainly, in copy paper, urbanization generates more business and more economic activity, and more printing work in those offices.
Within the agri-food sector, continued urbanization of the population and the demand for "greener", more sustainable products as well as nutritive functional foods will drive growth.
Driven by the rapid urbanization, rising housing prices, millennial mindsets of sharing economy and supportive government policies, China's long-term apartment rental market is experiencing rapid growth, said the company.
During a meeting with Zhang, Yang Yingming, executive director for China at the World Bank Group, said that the international body has paid more attention to changes in the roles of government and markets in urbanization in developing countries, while committing itself to that urbanization.
It's provided the World Bank with valuable inspiration for financially supporting the country's urbanization and infrastructure construction in economically underdeveloped regions, said Yang.
"My fascination with China has been growing ever since," he said, adding when it comes to growing the company's investment in China, what he has in mind are China's surging demand for digital solutions, fast-growing urbanization pace and share of the global gross domestic product.
In addition, urbanization, digitalization and people's increasing disposable income are changing the way people live and consume.
In addition to booming home market, he said rising incomes and accelerating urbanization in economies related to the BRI also are driving demand for more diversified and convenient diets.
Besides, growth momentum has received a boost from the country's policy to allow married couples to have up to two kids, higher disposable incomes, rapid urbanization and smart city projects.
In a fast-developing world, we're faced with challenges like climate change, rapid urbanization and changing lifestyles.
"At present, China's urbanization is under 60 percent and it is expected that it will take 10 to 20 years to reach 70 to 80 percent as in developed countries," Sun said.
In Perryville City, Perry County of Missouri, which is witnessing a marked population growth due to the arrival of several factories that manufacture auto parts, Mayor Ken Baer expressed hope that Chinese investors would invest in the construction of condominiums, something Chinese investors are familiar with, thanks to China's ongoing urbanization and construction boom.
Many opportunities come from Chinese consumers' rising incomes and accelerating urbanization in the country.
""With the accelerated urbanization and expansion of the middle class in the country, Chinese consumers have demonstrated a more sophisticated taste for product quality as well as diversity," he said.
China's key innovation trends and challenges around sustainable urbanization, industrial upgrading and economic restructuring provide us with many growth areas.
Sean Chiao builds on Aecom's expertise in urban infrastructure development, designWith new city clusters such as the Greater Bay Area, or GBA, emerging as a standout trend in China's urbanization drive, integrated firms such as Aecom foresee many growth opportunities, said Sean Chiao, president of its Asia Pacific operations.
Mention China's grand vision in city planning and urbanization, he will get triggered into holding forth on the subject.
Early in 1997, Aecom was selected as the international consultancy for the Suzhou Industrial Park, one of the earliest urbanization projects in the country.
"Looking back, he said the Aecom stint has helped him to witness the nation's journey in urbanization.
China's key innovation trends and challenges around sustainable urbanization, industrial upgrading and economic restructuring provide Honeywell with opportunities for developing and delivering innovative "connected" products, services and solutions.
Such countries are focused on sustainable development against a backdrop of urbanization and industrialization.
How can Xylem help with China's urbanization efforts?
Huang said with Chinese cities entering a new chapter of urbanization, the company is defining and injecting more energy into every piece of land it is going to develop.
If we look at any of the global trends, like urbanization, the growth of middle-income consumers or climate change, I feel that we have a great opportunity to take advantage of these kinds of global trends.
I think that the key for the private sector is to partner with the government and with fellow private companies on artificial intelligence initiatives, new industrialization, informatization, urbanization, and agricultural modernization.
China has seen major changes in urbanization, globalization and digitalization since the country introduced reform and opening-up 40 years ago.
With a large aging population under the combined impact of urbanization and unhealthy lifestyles, China is seeing a high prevalence of high blood pressure, which has become a leading risk factor for cardiovascular and cerebrovascular diseases, experts said.
Many of these opportunities come from Chinese consumers' surging demand to buy new apartments and repaint their previous homes, and requirements for quality paint products to ensure their health, as well as boosts from growth momentum such as the country's universal second-child policy, higher disposable income, fast urbanization pace and smart city projects.
There are many great practices in China that other developing or even developed countries can learn from, such as maintaining a continued economic growth momentum, managing urbanization and upgrading the manufacturing industry.
Miniso Corp, a low-cost retailer and variety store chain, plans to create more store brands, including those targeting third- and fourth-tier cities in China, to make the most of the ongoing urbanization trend and consumption upgrade.