The population in urban agglomerations of more than one million people in China is experiencing a consistent growth trend. Starting from a base value in 2023, the forecasted data from 2024 to 2028 demonstrates a steady increase, signifying an ongoing urbanization phenomenon. Each year, the population percentage rises, with the growth rate maintaining a positive trajectory.
The annual year-on-year growth highlights an average increase of approximately 2.3% over these years. Over the five-year projection period from 2023 to 2028, the compound annual growth rate (CAGR) indicates a robust expansion at about 2.22% annually.
Future trends to watch for include the increasing push towards urban infrastructure development to support the growing urban population and potential interventions by the government to ensure sustainable urban growth, such as enhancing public services and infrastructure resilience. Potential shifts in the socio-economic landscape may influence migration patterns and further urbanization dynamics.
