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MyFavoriteMapfor
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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