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During the global economic crisis, China’s unemployment rate (in urban areas) remained almost unchanged despite the slowdown in the real economy. The unemployment rate peaked at 4.3% in 2009, only 0.3 percentage points above the pre-crisis level, while the real GDP growth rate fell from 14.2% in 2007 to 9.2% in 2009.
Governance is the next issue the People’s Republic of China needs to tackle. This report shows how governance impacts on public action by looking at different policy sectors, takes stock of the progress made in public management and public finance, and explores policy options for the future.