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摩根士丹利-中国超级城市圈崛起分析报告.pdf
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2021-02-23
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BLUEPAPER
M
Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of interest
that could affect the objectivity of Morgan Stanley Research. Investors should consider Morgan Stanley Research as only a single factor in making their investment decision.
For analyst certification and other important disclosures, refer to the Disclosure Section, located at the end of this report.
+= Analysts employed by non-U.S. affiliates are not registered with FINRA, may not be associated persons of the member and may not be subject to NASD/NYSE restrictions on
communications with a subject company, public appearances and trading securities held by a research analyst account.
China
The Rise of China's Supercities:
New Era of Urbanization
W
e believe Urbanization 2.0 will fuel productivity growth, allowing China to attain
high-income status. By 2030 we expect the average size of the country's five
supercities to reach 120mn, an 8.5x increase in commuter rail length, and a tripling
of the IoT and data market to almost US$1trn.
October 10, 2019 08:00 PM GMT
BLUEPAPER
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