We all know that Australia’s future prosperity is reliant on the resources boom and a large part of that will depend on China’s growth.
- 350 million more people will move to the cities – 103 million have moved since 1990
- 221 Chinese cities will have 1 million + people living in them – the whole of Europe has 35 today
- 1 million kilometres of new road and 28,000 kilometres of metro rail will be laid
- 170 mass-transit systems will be built – twice the number that all of Europe has today
- 40 billion square metres of floor space will be built to construct five million buildings
- 50,000 skyscraper will be built (+30 stories) – the equivalent of building 2 Chicago’s every year
- 97 new airports will be built
- 1 in 7 planes assembled by Boeing and Airbus will be delivered to China
- 1,000 MW of coal-fired power capacity will be commissioned every week – equivalent to 4 million tonnes of new coal demand
- 1 wind farm turbine will be built every hour and a half
Source Christopher Joye’s Blog
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