The relationship between urbanization and industrialization is mutually inter-relative and promotive. That is: (1) industrialization and urbanization just like brothers that grow and develop together and depend on each other; (2) industrialization is the basic driving force of urbanization, and urbanization is the important soil for industrialization; (3) industrialization is the accelerator of urbanization, and urbanization is the inevitable result of industrialization; (4) industrialization is the economic connotation of urbanization, and urbanization is the space expression form of industrialization. In the intermediate stage of industrialization, China should pay close attention to and correctly handle the between urbanization and industrialization.