Transforming Towards a High-Income People's Republic of China: Challenges and Recommendations

dc.contributor.authorADB
dc.date.accessioned2021-10-05T15:02:15Z
dc.date.available2021-10-05T15:02:15Z
dc.date.issued2017-06
dc.descriptionRapid growth has led to improvements as well as challenges in the People's Republic of China. This report summarizes findings and policy recommendations for the government's 13th Five-Year Plan. The People’s Republic of China (PRC) has experienced stellar economic performance over the last 3 decades. Gross domestic product growth has averaged 10% per year. Per capita income has increased by a factor of 13. Life expectancy at birth increased from 67 to 73 years. Rapid growth, however, has posed eight challenges for the PRC: industrial transformation, balanced rural–urban development, human resource transformation, environmental protection, climate change mitigation, water security, subnational debt management, and further integration with the international economic system. In 2013, ADB was invited to provide inputs to support the preparation of the 13th Five-Year Plan (2016–2020). This report summarizes key issues and recommends practical policy options to address the PRC’s challenges.
dc.format.extent70
dc.identifier.isbn9789292578039
dc.identifier.isbn9789292578046
dc.identifier.issnN/A
dc.identifier.issnN/A
dc.identifier.urihttps://www.adb.org/publications/high-income-prc-challenges-recommendations
dc.identifier.urihttps://hdl.handle.net/20.500.14540/5204
dc.subject.otherAgriculture and natural resources
dc.subject.otherClimate change
dc.subject.otherEconomics
dc.subject.otherEducation
dc.subject.otherEnvironment
dc.subject.otherGovernance and public sector management
dc.subject.otherIndustry and trade
dc.subject.otherSocial development and protection
dc.subject.otherWater
dc.titleTransforming Towards a High-Income People's Republic of China: Challenges and Recommendations
local.publication.countryChina
local.publication.countryPeople's Republic of

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