Economy


  • 12-September-2017

    English

    Challenges and Solutions for Globalisation

    It is my pleasure to be in Beijing for the second 1 + 6 Roundtable Meeting, to discuss the challenges and solutions for globalisation. I would like to thank Premier Li and the Chinese government for their invitation.

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  • 11-September-2017

    English

    Sharing the benefits of China’s growth by providing opportunities to all

    Living standards in China have greatly improved over the past few decades. Both sustained economic growth and an expansion of the social security system have contributed to a sharp reduction in the number of people in poverty.

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  • 11-September-2017

    English

    Boosting firm dynamism and performance in China

    With persisting slower growth worldwide and in China, over-capacity in some heavy industry sectors, declining profitability, and intensifying competition from other, lower-cost emerging economies, corporate behaviour in China needs to change and focus more on efficiency and sustainability.

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  • 11-May-2017

    English

    Enhancing financial stability amid slowing growth in China

    Growth in China has been slowing gradually, but GDP per capita remains on course to almost double between 2010 and 2020. As a result, the Chinese economy will remain the major driver of global growth for the foreseeable future.

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  • 10-April-2017

    English

    Making the most of innovation in China

    On several measures, China has caught up with OECD economies in the area of innovation.

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  • 31-March-2017

    English

    An immediate Chinese challenge: further addressing vast income inequality

    The goal of the Chinese government to achieve a “moderately prosperous society in all respects” by 2020 is centred around improving social welfare throughout the population. One of the essential ingredients to doing this is a further reduction in economic inequality.

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  • 21-March-2017

    English

    China: time to focus on financial risks and structural reform

    As the Chinese economy matures to a slower but more sustainable growth path, policy efforts need to focus more on efficiency, stability and inclusiveness, according to a new OECD report.

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  • 23-January-2017

    English

    Economic Outlook for Southeast Asia, China and India 2017 - Addressing Energy Challenges

    The Economic Outlook for Southeast Asia, China and India is a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia. It focuses on the economic conditions of Association of Southeast Asian Nations (ASEAN) member countries: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam. It also addresses relevant economic issues in China and India to fully reflect economic developments in the region. The 2017 edition of the Outlook comprises four main parts, each highlighting a particular dimension of recent economic developments in the region. The first part presents the regional economic monitor, depicting the near-term and medium-term economic outlooks, as well as macroeconomic and regional integration challenges in the region. The second part discusses the recent progress made in key aspects of regional integration. The third part presents this edition's special focus: addressing energy challenges and renewable energy development in particular. The fourth part includes structural policy country notes offering specific recommendations.

  • 27-October-2016

    English

    Enabling China's Transition towards a Knowledge-based Economy

    Since the beginning of China’s economic transformation in the early 1970s, investment has been a key driver of China’s growth and has contributed to substantial improvements in living standards. Over three decades of average annual GDP growth of 10%, disposable incomes have soared, lifting hundreds of millions of people out of extreme poverty. The share of the population living in extreme poverty has declined from above 90% in the early 1980s to less than 10% today. However, this growth model is no longer sustainable. Returns on investment have declined, although they are still higher than those of the Asian Tigers. Excess capacity is plaguing several sectors, and negative externalities have been onerous, notably in terms of environmental degradation and income inequality. A key objective of the 13th Five-Year Plan (2016-2020) is therefore to move the economy towards a path of more balanced, sustainable and inclusive growth.

  • 5-September-2016

    English

    OECD to help put innovation at heart of G20 global growth strategy

    Leaders of the G20 countries meeting at their Summit in Hangzhou, China, have called on the OECD to help develop an agenda to build a stronger, more innovative and inclusive world economy.

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