China is joining a group of 48 OECD and non-OECD countries that are members of the OECD Development Centre. The Centre helps decision makers find policy solutions to stimulate growth and improve living conditions in developing and emerging economies. China is also an OECD Key Partner, like Brazil, India, Indonesia, and South Africa, which are already members of the OECD Development Centre.
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During the global economic crisis, China’s unemployment rate (in urban areas) remained almost unchanged despite the slowdown in the real economy. The unemployment rate peaked at 4.3% in 2009, only 0.3 percentage points above the pre-crisis level, while the real GDP growth rate fell from 14.2% in 2007 to 9.2% in 2009.
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.