China in the World Economy: Challenges of Domestic Policy

Author: Hu Angang Hu Guangyu
Publisher:
Publish Date: 2004-03-01
Features: The China in the World Economy analyzes the domestic policy challenges faced by China in the context of trade and investment liberalization. After more than 20 years of market economy reforms and trade and investment liberalization, joining the World Trade Organization (WTO) marked a new era for China's integration into the world economy. Leveraging the experiences of OECD member countries over the past 50 years and the extensive cooperation between OECD and non-member economies worldwide, this landmark study provides readers with a broad perspective on key domestic policies and reform steps in China. On the issue of the challenges posed to China's domestic economic policies by further implementation of trade and investment liberalization (TIL) policies, the OECD conducted a horizontal study, forming major conclusions and recommendations. This book includes 22 reports written by 9 OECD directorates, covering the adjustments and challenges that key sectors of China's real economy will face in the next decade, as well as the impact of these challenges on the corresponding policy measures. The research reports included in this book elaborate on OECD's perspectives on China's economy, drawn from its experience with economic transition member countries, and introduce the conclusions reached by OECD over the past decade in joint research with China and other emerging economies. This book is the result of OECD's comprehensive research on China's macroeconomic environment, providing an objective, comprehensive, and systematic viewpoint and data for understanding the current state of China's macroeconomy, recognizing the reforms and development of China's economy, and identifying the challenges and opportunities faced by governments and enterprises. The book covers topics such as China's agriculture, industry, finance, insurance, foreign investment, public finance, law, employment, trade, regional economy, WTO, education, social security and welfare, and political system. The focal points and discussion nodes are all critical issues that cannot be avoided in China's economic reforms. This book is a highly authoritative academic work on China studies worldwide, offering significant reference value for China's economic development, institutional reforms, policy adjustments, and social practices. It can serve as an academic reference for governments, enterprises, libraries, and other institutions.