China 2030 : Building a Modern, Harmonious, and Creative High-Income Society [pre-publication version]

Publication:
China 2030 : Building a Modern, Harmonious, and Creative High-Income Society [pre-publication version]

dc.contributor.author	World Bank
dc.contributor.author	Development Research Center of the State Council, P.R.C.
dc.date.accessioned	2012-05-01T19:43:13Z
dc.date.available	2012-05-01T19:43:13Z
dc.date.issued	2012-02-27
dc.description.abstract	China should complete its transition to a market economy--through enterprise, land, labor, and financial sector reforms--strengthen its private sector, open its markets to greater competition and innovation, and ensure equality of opportunity to help achieve its goal of a new structure for economic growth. These are some of the key findings of a joint research report by a team from the World Bank and the Development Research Center of China’s State Council, which lays out the case for a new development strategy for China to rebalance the role of government and market, private sector and society, to reach the goal of a high income country by 2030. This report recommends steps to deal with the risks facing China over the next 20 years, including the risk of a hard landing in the short term, as well as challenges posed by an ageing and shrinking workforce, rising inequality, environmental stresses, and external imbalances. The report lays out six strategic directions for China’s future: * Completing the transition to a market economy; * Accelerating the pace of open innovation; * Going “green” to transform environmental stresses into green growth as a driver for development; * Expanding opportunities and services such as health, education and access to jobs for all people; * Modernizing and strengthening its domestic fiscal system; * Seeking mutually beneficial relations with the world by connecting China’s structural reforms to the changing international economy.	en
dc.identifier.doi	10.1596/6057
dc.identifier.doi	https://doi.org/10.1596/6057
dc.identifier.uri	https://hdl.handle.net/10986/6057
dc.language.iso	en
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	Role of the state
dc.subject	Competition
dc.subject	Innovation
dc.subject	Global R&D networks
dc.subject	Green development
dc.subject	Growth
dc.subject	Economic growth
dc.subject	Equality of opportunity
dc.subject	Social protection
dc.subject	Fiscal system
dc.subject	Fiscal sustainability
dc.subject	Global markets
dc.subject	International stakeholder
dc.subject	Integration
dc.subject	Social development
dc.subject	Middle-income trap
dc.subject	State-owned enterprises
dc.subject	Fiscal reform
dc.title	China 2030 : Building a Modern, Harmonious, and Creative High-Income Society [pre-publication version]	en
dspace.entity.type	Publication
okr.date.disclosure	2012-02-27
okr.date.doiregistration	2025-04-15T11:29:59.373013Z
okr.date.doiregistration	2025-04-16T04:09:56.931778Z
okr.date.doiregistration	2025-04-17T03:27:51.430275Z
okr.date.doiregistration	2025-04-19T02:08:08.407306Z
okr.date.doiregistration	2025-04-20T02:17:24.280517Z
okr.doctype	Publications & Research::Working Paper
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Governance
okr.identifier.report	67179
okr.language.supported	en
okr.region.administrative	East Asia and Pacific
okr.region.country	China
okr.relation.associatedurl	https://openknowledge.worldbank.org/handle/10986/12925
okr.sector	Public Administration, Law, and Justice
okr.sector	Finance
okr.sector	Industry and trade
okr.sector	Agriculture, fishing, and forestry
okr.theme	Public sector governance
okr.topic	Public Sector Development
okr.topic	Macroeconomics and Economic Growth
okr.unit	EAPVP