This review highlights China’s advance to a market economy as among the greatest economic success stories of modern times. In simple terms, China has achieved in three decades what has taken most OECD countries a century or more.
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China has made crucial progress in the field of public expenditure management in the past ten years. This article reviews the reforms in budget formulation, approval, implementation and audit. Some weaknesses remain: for example, important decisions are still made outside of the budget process; and the highly decentralised fiscal system means that achievements at the national level have not been implemented at provincial and lower
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This is the executive summary and Chapter 1 of the report: Regulatory Reform in China: Defining the Boundary between the Market and the State, release 7 May 2009.
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This is the translation into Chinese of the executive summary and Chapter 1 of the OECD Review on Regulatory Reform in China: Defining the Boundary between the Market and the State, released in English on 7 May 2009.
This review on China takes into account the specific reform needs and challenges in China while retaining the benefits of comparing and illustrating Chinese reform challenges with OECD practices. The report focuses on the overall economic context for regulatory reform, the government’s capacity to manage regulatory reform, competition policy and enforcement, and market openness. It also examines the regulatory framework in the
This report analyses the key socio-economic forces at work in China’s rural areas and discusses the current government strategy for rural development
This seminar was the second held in the framework of the OECD Regulatory Reform Review in China and took place in Beijing on 28 March, 2008.
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.