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China signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters at a ceremony today at the OECD. All G20 countries have now fulfilled the commitment they made at the Cannes G20 Summit to sign the Convention and move towards automatic exchange of information as the new, global standard.
Today’s signing is both timely and important as the G20 has endorsed automatic exchange of information as the new global standard. This Convention provides the ideal instrument to swiftly implement automatic exchange, and to do so with a wide range of partners. This also represents another significant step in the strengthening of collaboration between China and the OECD, said Angel Gurría.
OECD research shows that multilateral agreement to cut red tape in international trade would dramatically reduce trading costs and add a substantial boost to the global economy.
Governments must create the right enabling environment for growth and trade. We have much to learn from China in this regard. China’s agricultural reforms have played a key role in its remarkable progress in expanding production and improving domestic food security, said Angel Gurría.
Global agricultural production is expected to grow 1.5% a year on average over the coming decade, compared with annual growth of 2.1% between 2003 and 2012, according to a new report published by the OECD and FAO today.
The OECD Secretary-General, alongside FAO Director General, was in Beijing on 5th and 6th June 2013 to present the “OECD-FAO Agricultural Outlook 2013-2022”, at the Opening Ceremony of the 2013 World Agriculture Outlook Conference, held for the first time in China. Mr. Gurría also attended the 4th Global Forum of Leaders for Agriculture Science and Technology.
Green Growth in Cities presents the OECD Green Cities Programme’s main findings and policy recommendations, and provides a preliminary approach to measuring green growth in cities
China is increasingly interested in further advancing its investment co-operation with the OECD. This is in large part due to the fact that China wants to attract more "quality" foreign direct investment (FDI) from OECD-based companies and the perception that the OECD could provide useful best policy practices and experiences for China.
English, PDF, 1,306kb
This paper examines China’s investment policy since the publication of the 2008 OECD Investment Policy Review of China and recommends that the Chinese government continue its efforts to liberalise and increase the transparency and predictability of the framework for both inward and outward FDI. OECD Working Papers on International Investment - No. 2013/1.
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.