Speech

Speech at the Session on China’s Economy, Promoting Reforms in Major Areas, and Accelerating the Shift in Driving Forces for Development

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collection.link.294
https://openknowledge.worldbank.org/handle/10986/24240
collection.name.294
A. Speeches by Jim Yong Kim (2012 to present)
dc.contributor.author
Kim, Jim Yong
dc.date.accessioned
2019-01-07T20:43:04Z
dc.date.available
2019-01-07T20:43:04Z
dc.date.issued
2017-09-12
dc.description.abstract
Jim Yong Kim, President of the World Bank Group (WBG), offered several strategic considerations for China. First, for the foreseeable future, removing distortions and accelerating diffusion will remain major sources of growth. Getting the basics right – structural reforms in key markets, further improving the broader business environment, ensuring fair competition, and investing in broad-based skills of the labor force – should help drive growth. Second, China should consider how to balance industrial policies with the notion of the third plenum, that the market should play a decisive role in resource allocation. Third, like other countries, China needs to prepare for how technological change will impact the labor force. He concluded by saying that China’s leadership has been critical to promoting an open, competitive global economy.
en
dc.identifier
http://documents.worldbank.org/curated/en/746661536589869102/Speech-by-World-Bank-Group-President-Jim-Yong-Kim-at-the-Second-Roundtable-Session-on-China-s-Economy-Promoting-Reforms-in-Major-Areas-and-Accelerating-the-Shift-in-Driving-Forces-for-Development
dc.identifier.uri
http://hdl.handle.net/10986/31114
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Delivered at Second "1+6" Roundtable, Beijing, September 12, 2017;
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
INDUSTRIAL POLICY
dc.subject
GROWTH DRIVERS
dc.subject
VALUE CHAIN
dc.subject
TECHNOLOGY ADOPTION
dc.subject
INNOVATION
dc.subject
FINTECH
dc.subject
ECONOMIC DISTORTIONS
dc.subject
SKILLS DEVELOPMENT
dc.subject
STATE-OWNED ENTERPRISES
dc.subject
LABOR FORCE
dc.subject
AUTOMATION
dc.subject
BUSINESS ENVIRONMENT
dc.subject
COMPETITION POLICY
dc.subject
TERTIARY EDUCATION
dc.subject
INEQUALITY
dc.subject
RURAL POVERTY
dc.subject
FOREIGN DIRECT INVESTMENT
dc.title
Speech at the Session on China’s Economy, Promoting Reforms in Major Areas, and Accelerating the Shift in Driving Forces for Development
en
dc.type
Speech
en
okr.date.disclosure
2018-09-10
okr.doctype
Speech
okr.docurl
http://documents.worldbank.org/curated/en/746661536589869102/Speech-by-World-Bank-Group-President-Jim-Yong-Kim-at-the-Second-Roundtable-Session-on-China-s-Economy-Promoting-Reforms-in-Major-Areas-and-Accelerating-the-Shift-in-Driving-Forces-for-Development
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b0860c05da_1_0
okr.identifier.internaldocumentum
30408887
okr.identifier.report
129837
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/746661536589869102/pdf/129837-WP-PUBLIC-Kim-Speech-Session-2-on-September-12-2017.pdf
en
okr.region.administrative
East Asia and Pacific
okr.region.country
China
okr.topic
International Economics and Trade :: Access to Markets
okr.topic
International Economics and Trade :: Foreign Direct Investment
okr.topic
International Economics and Trade :: Trade Policy
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Poverty Reduction :: Employment and Shared Growth
okr.topic
Poverty Reduction :: Inequality
okr.topic
Private Sector Development :: Competition Policy
okr.topic
Private Sector Development :: Enterprise Development & Reform
okr.topic
Social Protections and Labor :: Labor Policies
okr.topic
Public Sector Development :: Regulatory Regimes
okr.unit
Office of the President (EXC)

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