During the past 40 years of Chinas reform and opening-up, the percentage of population residing in urban areas has increased by over 40 percent, from a level at half of the world average in 1978 to 3-percentage points higher than the world average in 2017. Based on the related data and perspectives such as the Marxism urbanization theories, we review key findings and primary experiences of Chinas urbanization process. The 40 years urbanization in China is a human historical miracle with a rapid rate, which roughly coincides with the law of urbanization. Future urbanization strategy should aim at fulfilling peoples good life wishes and stand on the three basic points, i.e., urban society, risk society, and developing country. The Chinas future urbanization could be at a more stable and slower pace than before during a development period with an orientation of high quality. Attention should be paid to the risks and costs in future urbanization.