China needs to make wide-ranging changes in the way it runs its public and private sectors if it is to continue on a stable growth path leading to full integration into the world economy, according to a new report from the OECD.
Governance in China reviews the state of governance in China’s public and private sectors. It concludes that the country’s governance arrangements as they stand at present suffer from a number of serious fault lines, particularly in relation to China’s public finances and social stability.
The report is the latest in a series of studies conducted by the OECD in co-operation with the Chinese government under a co-operation programme launched in 1995. China is not a member of the OECD, but it participates in the work of some OECD committees. OECD countries and China have a shared interest in helping China to develop its economy in a stable manner.
See full Press Release.
Posts
