The rapid urbanization in China has been associated with a growing hunger for energy consumption and steadily-increasing CO2 emissions. In this paper, an integrated system dynamics model composed of four sub-models is developed to simulate the urbanization and energy consumption in China from 1998 to 2050. Three scenarios are provided: accelerated economic development, emission reduction constraint, and low-carbon oriented. The result reveals that rapid economic growth and sufficient energy supply will foster China's urbanization in all three scenarios. Under the low carbon transition scenario, China's urbanization rate is expected to reach 76.41% in 2050, both reducing carbon emissions and promoting eco-friendly development. All three scenarios witness a dramatic growth of residential energy consumption and a steady increase of industrial energy consumption. China still has a long way to achieve the low-carbon transition goal. China should promote renewable resources and energy, pursue a low-carbon lifestyle, and reduce energy intensity over the next few decades.