Economic crisis threatens China’s rural strategy, says OECD
China should speed up investment in rural services and infrastructure and create jobs in non-agricultural sectors for returning migrants, according to a new OECD report. This will help offset the fast-rising impact of the economic slowdown on the rural economy.
OECD Rural Policy Review: China says that the country’s rural development strategy is on the right track and the impact on rural areas of broader economic reforms positive. But the recent increase in return migration and subsequent fall in remittances could threaten the important progress made in raising rural living standards.
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