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China (People’s Republic of)
This review of regulatory reform in China covers the overall economic context, the government’s capacity to manage regulatory reform, competition policy and enforcement, and market openness.
The extent of competition in product markets is an important determinant of economic growth in both developed and developing countries.
The unique OECD peer review process has helped improve public policy. It assesses how countries manage the design, adoption and enforcement of regulations according to a conceptual framework. It ensures comparability while taking account of institutional and cultural differences across countries.
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.
This paper uses the OECD’s Going for Growth framework, as well as other available evidence linking policies to economic performance, to identify key structural policy challenges in the BIICS for the years ahead.
Competition is now robust in many sectors but product market barriers remain high overall, which may hold back growth over the longer run.
This page presents documentation on regulatory reform that is available both in English and in Chinese.
English, , 1,624kb
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.
Chinese, , 2,149kb
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.