China's urbanization and economic development have been growing together since the reform and opening up. The shift towards urban lifestyles in both cities and rural areas has boosted economic growth and attracted foreign investment. The development of private businesses and specialized markets in Zhejiang Province showcases bottom-up urbanization, while collective economies and development zones demonstrate government-led urbanization. The process has led to increased job opportunities and the movement of rural laborers to cities, accelerating urbanization. Overall, China's industrialization and urbanization are mutually beneficial and have entered a rapid advanced stage.