This book presents a study of China's new urbanization, which is one of the country’s major economic issues and embodies the characteristics of its economic development. Professor Yining Li proposed the framework and wrote the first article. Under Li's guidance, other articles were written by researchers at the Guanghua School of Management, Peking University. In the central government development plan, urbanization is the main force stimulating domestic demand. And after more than 10 years of high-speed urbanization process, the change from simple urbanization to "the new urbanization" is an inevitable development direction. This book covers many crucial urbanization topics that directly affect China's reform.