As the Chinese economy matures to a slower but more sustainable growth path, policy efforts need to focus more on efficiency, stability and inclusiveness, according to a new OECD report.
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Report prepared for the G20 Science, Technology and Innovation Ministers Meeting in Beijing, China, 4 November 2016
Leaders of the G20 countries meeting at their Summit in Hangzhou, China, have called on the OECD to help develop an agenda to build a stronger, more innovative and inclusive world economy.
The OECD is proud to be working closely with China’s G20 Presidency towards an innovative, invigorated, interconnected and inclusive global economy. We will continue to share our multidisciplinary expertise, knowledge, tools and data to boost growth, increase investment, encourage innovation, lift employment and promote inclusiveness in the lead up to the Leaders’ Summit in Hangzhou.
This workshop, organised jointly by the Agricultural Trade Promotion Center of the Ministry of Agriculture (ATPC) of China and the OECD, will discuss the key policy issue of how to ensure that productivity growth in agriculture globally and, in particular, in China is sufficient to meet growing demand and that it is done sustainably.
Innovation is a central element of China’s reform agenda. Chinese innovations have benefited the world throughout history. Today, with the right policy mix, China could continue to inspire new scientific and technological advances, helping to revitalize the global economy.
Governments should work more closely with companies and strengthen enforcement to fight the rising global trade in counterfeit and pirated goods, according to a new OECD report.