New urbanization is the correction of traditional urbanization. Since 2012，local governments at all levels have promoted urbanization from three aspects，namely，institutional arrangements for social integration of floating population，improvement of urban carrying capacity and optimization of urban spatial pattern，centering on the core principle of “peopleoriented” new urbanization. Significant progress has been made in ensuring equal access to basic public services，giving full play to the effect of urban agglomeration，and optimizing the spatial structure of urban systems. However，there are still some problems of low urbanization quality，such as the slow process of social integration of floating population，incomplete transformation of extensive urban development and insufficient coordination of regional development. The next stage of new urbanization will be “deep urbanization”. Breakthroughs in enhancing the urbanization capacity of the floating population and realizing the “smart growth” of cities will be strived to make by releasing the “structural dividend” through structural adjustment.