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The"cluster"mapshownabove(andbelow)isoriginallybyMcKinseyCo.IthinkitreallyillustratesthreeimportantpointsaboutmodernChina.

Point1:Chinatodayisaseriesofclusters,notacontinent.

Chinatodayisnotyetanintegratedcontinentaleconomy.Youdon’tseeinfrastructureseamlesslyconnectingeachpartofthecountry,likesayintheUnitedStates.Thatislikelythefuturebutnotyetthepresent.

Whatyouseetodayisaseriesof“clusters”-witheachclustercontaining20-30citiesandtypicallyover60millionpeople.Forexample,Beijing/TianjinintheNorthisactuallyaclusterof28cities–allincreasinglyinterconnectedbyroads,railandothernewinfrastructure.Qingdao,wellknownforitsbeer,isactuallypartofa35-citycluster.

Point2:These+60Mpersonclustersarethevastmajorityoftheeconomy.

Chinatodayhasmorethan20oftheseclusters.AndeachisaboutthesizeofalargeEuropeancountry(closertoFranceandGermanythanGreeceorAustria).Accordingtogovernmentplans,China’smainclusterswillcover80%oftheGDPand60%ofthepopulation.

Point3:Urbanizationandinfrastructurearemostlyaboutbuildingclusters.

Muchofthehighlypublicizedhig-speedrailandotherinfrastructureprojectsareaboutcreatingclusters.Itisaboutmakingitpossibleforpeopleandgoodstotravelcheaplyandquicklywithinacluster.Someoftheprojectsconnecttheclusters.Thekeymetrictowatchisthelogisticscostwithinclusters,whichhasbeenfallingfast.

Source:LinkedIn









































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