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This paper depicts the rapid development and transformation of the Chinese economy so far and discusses how to sustain vigorous and inclusive growth.
The single most important challenge China is facing is that of the shift from export-led growth to an economic and growth model driven by domestic consumption and a better quality of life for its citizens, according to OECD Secretary-General Angel Gurría.
During his official visit to the People's Republic of China, Angel Gurría met with government representatives and participated in the 2011 China Development Forum.
The world economy continues to recover but there is still a considerable dispersion in performance across countries and regions. Dynamic economies, led by China and India, are expected to expand at over 7 percent in both 2011 and 2012. In contrast, OECD countries will expand by only 2.3 percent in 2011 and 2.8 percent in 2012.
Recent reforms will still be insufficient to cover increased pension costs in the future, despite increases in retirement ages in half of OECD countries, according to a new OECD report.
This IEA report, finds that, contrary to widely held views, Chinese National Oil Companies operate with a high degree of independence from the Chinese government. Their investments are driven by strong commercial interests and have boosted global supplies of oil and gas.
This review assesses Guangdong’s current approach to economic development. It is the country’s most populous and rich province with 95.4 million inhabitants and provides one-eighth of the national GDP with "processing trade" as a key development feature.
Participants at the 2010 roundtable discussed an updated draft of the Asian White Paper on Corporate Governance that addresses emerging challenges in the Asian corporate governance landscape.
The unique OECD peer review process has helped improve public policy. It assesses how countries manage the design, adoption and enforcement of regulations according to a conceptual framework. It ensures comparability while taking account of institutional and cultural differences across countries.