Abstract: The new pattern of urbanization, proposed by the central government, is a new path to achieve a balanced development between urban and rural areas in the new era. This pattern hasn’t been deeply discussed in the academic circle. In 1991, Li Keqiang had proposed the basic prototype of new pattern of urbanization in the doctrine of the ternary structure of China’s economy. Borrowing the theory of endogenous development in Western sociology, this paper interprets the new pattern as “another type of development”. In essence, the new pattern attempts to provide rural society with sufficient motivations and rights, develop its self-control ability, to realize its self-sustainable mechanism so that rural areas can cope with the challenges of urbanization and industrialization, and ultimately achieve a balanced development between urban and rural areas.