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China’s exceptional economic expansion has led to rising energy demand and pollution as well as other environmental pressures. Strong efforts by the government have moderated emissions of some types of air and water pollution from high levels but others, including greenhouse gas emissions, continue to rise. Poor air and water quality threaten human health, create other costs and reduce well-being.
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China’s new leadership has signalled that it is time to step up the pace of reform, building on the remarkable economic and social achievements to date while recognising the pressing need for deep structural changes. Indeed, far-reaching reforms are necessary for continuing to raise living standards and well-being, even as China is poised to become the world’s largest economy by around 2016.
China has made tremendous progress toward achieving inclusive growth, but major reforms are needed to ensure a fourth decade of rapidly converging living standards and a greener economy, according to the OECD’s latest Economic Survey of China.
Despite a glum global economic context China is set to continue to catch up fast, propelled by ongoing urbanisation. Environmental pressures are on the rise, however, and greening growth has become a top policy priority.
The Secretary-General, Mr. Angel Gurría, was in Beijing to attend the China Development Forum, to present the third OECD economic survey of China and to hold bilateral meetings with key representatives of China's authorities, business and academic world.
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities.
The charts show for each of the following countries and territories, and for the years 2009-2011: net ODA receipts, top ten donors of gross ODA, population and GNI per capita and bilateral ODA by sector.
This second edition of Health at a Glance Asia/Pacific presents a set of key indicators of health status, the determinants of health, health care resources and utilisation, health care expenditure and financing and health care quality across 27 Asia/Pacific countries and economies.
Sound and transparent corporate governance policies will play a crucial role in reform initiatives and capital market development in China, as well as attracting the international investors required to sustain China’s long term economic growth. In order to support the these reforms, the OECD shares its experiences in the area of corporate governance with China through regular policy dialogue exchanges.