Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
Russia interested in cooperation with Finland on Arctic environmentBusiness & Economy July 27, 18:14
New US anti-Russia sanctions way to pursue its economic interests with cynicism — PutinRussian Politics & Diplomacy July 27, 18:11
Moscow surgeons separate newborn Siamese twins conjoined at head in 30 minutesSociety & Culture July 27, 17:57
Putin believes ending bloodshed in Syria crucialRussian Politics & Diplomacy July 27, 17:48
Russia’s 6th-generation fighter jet to get lasers capable of burning missile homing headsMilitary & Defense July 27, 17:36
Washington to use new sanctions to curb Russian energy projects, experts sayBusiness & Economy July 27, 17:15
In 2016, some 54.5% of the global population lived in cities. But urbanisation does not stop there: according to the UN, the share of urban population is set to reach 66% by 2050. Urban agglomerations are becoming key markets for a variety of goods and services, while also providing human, financial and information resources to produce them. Urbanisation predicates the need for large-scale investments in the development of high technologies to ensure efficient management of the cities and their infrastructure, and therefore emerges as a new driver for economic growth.
Three quarters of the developed nations' population already live in urban areas.
In Asia, the urbanisation process still has a long way to go.
The role of big cities in the economic development is set to increase.
Urbanisation clearly provides new benefits and opportunities for businesses.
Urbanisation gives a boost to the service sector increasing its clout in the global economy.
The trend to develop intelligent urban environments, i.e. smart cities, comes as an essential part of the digital economy.
According to PWC's Data Driven Cities 2016, Moscow’s achievements in using innovative solutions are comparable to those of the world's leading technology-driven metropolises, including New York and London.