Challenges of China's domestic policies in the world economy

Author: Hu Angang/Hu Guangyu
Publisher:
Publish Date: 2005-04-01
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 experience 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 by further implementation of trade and investment liberalization (TIL) policies to China's domestic economy, the OECD conducted a cross-country 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, drawing on the experience of its economic transition member countries, and introduce the conclusions drawn from OECD's collaborative research on China and other emerging economies over the past decade. 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 China's current macroeconomic situation, recognizing the reform 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 reform. This book is a highly authoritative academic work on China studies worldwide, offering significant reference value for China's economic development, system reform, policy adjustments, and social practices. It can serve as an academic reference for governments, enterprises, libraries, and other institutions.