Production processes have become global and markets more integrated as trade costs have fallen on the back of technological progress and trade and investment policy reforms. We can no longer base policy decisions on conventional trade statistics that report the gross value of products and services each time they cross borders. Instead, we need to measure how much and where value is added, said OECD Secretary-General in Beijing.
During his visit China, Angel Gurría attended the Global Value Chains in the 21st Century conference, organised jointly by the OECD, UNCTAD, and the WTO in partnership with China's Ministry of Commerce. The Secretary-General also met with several high level representatives of the Chinese government and business.
The solar heating and cooling (SHC) roadmap outlines a pathway for solar energy to supply almost one sixth (18 EJ) of the world’s total energy use for both heating and cooling by 2050. This would save some 800 megatonnes of carbon dioxide (CO2) emissions per year; more than the total CO2 emissions in Germany in 2009. While solar heating and cooling today makes a modest contribution to world energy demand, the roadmap envisages
Skills and educational development for inclusive and sustainable growth are becoming significant drivers in OECD countries.
In recent years, rapid industrialisation, intensified agricultural production and urbanisation in the People's Republic of China has brought greater prosperity and higher living standards to many, but it has also created high demand for energy and raw materials, increased pressure on ecosystems and affected health outcomes. China is committed to achieving a green economy.
The discussion in the meeting provided some insights into China’s growth model and need to improve competitiveness, particularly in view of the global economic slowdown.
La Réunion du Conseil au niveau des Ministres de 2012 marque le cinquième anniversaire du lancement du processus d’engagement renforcé qui vise à faire avancer les relations de l’OCDE avec cinq partenaires clés, le Brésil, la Chine, l’Inde, l’Indonésie et l’Afrique du Sud.
Source : Principaux indicateurs économiques (PIE) de l'OCDE. Les indicateurs composites avancés sont calculés pour 29 pays membres (l’Islande étant exclue), pour six économies non membres et pour neuf zones. L’indicateur composite avancé d’un pays comporte un ensemble de séries composantes choisies parmi un large éventail d'indicateurs économiques à court terme inclus dans la base de données des PIE.
China and the OECD countries face increasingly similar challenges. We need to deepen our policy exchanges to share our expertise and accumulated experiences, to learn from one another, and to build cooperative solutions at the global level, said OECD Secretary-General.
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.