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Innovative China

ISBN: 978-1-4648-1420-4
Editorial: The World Bank Group
Licencia: Creative Commons (by)
Autor(es): World Bank Group, [et al.]

After more than three decades of average annual growth close to 10 percent, China's economy is transitioning to a 'new normal' of slower but more balanced and sustainable growth. Its old drivers of growth -- a growing labor force, the migration from rural areas to cities, high levels of investments, and expanding exports -- are waning or having less impact. China's policymakers are well aware that the country needs new drivers of growth. This report proposes a reform agenda that emphasizes productivity and innovation to help policymakers promote China's future growth and achieve their vision of a modern and innovative China.
[Washington: 2019]

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