China should complete its transition to a market economy through enterprise, land, labor, and financial sector reforms, strengthen its private sector, open its markets to greater competition and innovation, and ensure equality of opportunity to help achieve its goal of a new structure for economic growth. These are some of the key findings of China 2030, a joint research report by a team from the World Bank and the Development Research Center of China’s State Council. This report lays out the case for a new development strategy for China to rebalance the role of government and market, private sector and society to reach the goal of becoming a-high income country by 2030. China 2030 recommends steps to deal with the risks facing China over the next 20 years, including the risk of a hard landing in the short term, as well as challenges posed by an ageing and shrinking workforce, rising inequality, environmental stresses, and external imbalances. The report presents six strategic directions for China’s future: • Completing the transition to a market economy; • Accelerating the pace of open innovation; • Going “green” to transform environmental stresses into green growth as a driver for development; • Expanding opportunities and services such as health, education and access to jobs for all people; • Modernizing and strengthening its domestic fiscal system; and • Seeking mutually beneficial relations with the world by connecting China’s structural reforms to the changing international economy.

China 2030: Building a Modern, Harmonious, and Creative Society

Business & Money

The World Bank

Development Research Center of the State Council

Economics

World Bank Publications

In the last 30 years, China’s record economic growth lifted half a billion people out of poverty, with rapid urbanization providing abundant labor, cheap land, and good infrastructure. While China has avoided some of the common ills of urbanization, strains are showing as inefficient land development leads to urban sprawl and ghost towns, pollution threatens people’s health, and farmland and water resources are becoming scarce. With China’s urban population projected to rise to about one billion – or close to 70 percent of the country’s population – by 2030, China’s leaders are seeking a more coordinated urbanization process. Urban China is a joint research report by a team from the World Bank and the Development Research Center of China’s State Council which was established to address the challenges and opportunities of urbanization in China and to help China forge a new model of urbanization. The report takes as its point of departure the conviction that China's urbanization can become more efficient, inclusive, and sustainable. However, it stresses that achieving this vision will require strong support from both government and the markets for policy reforms in a number of area. The report proposes six main areas for reform: first, amending land management institutions to foster more efficient land use, denser cities, modernized agriculture, and more equitable wealth distribution; second, adjusting the hukou household registration system to increase labor mobility and provide urban migrant workers equal access to a common standard of public services; third, placing urban finances on a more sustainable footing while fostering financial discipline among local governments; fourth, improving urban planning to enhance connectivity and encourage scale and agglomeration economies; fifth, reducing environmental pressures through more efficient resource management; and sixth, improving governance at the local level.

Urban China: Toward Efficient, Inclusive, and Sustainable Urbanization

Innovative China: New Drivers of Growth

World Bank Group

An economic blueprint for China s next decade Introducing the English translation of one of the most comprehensive studies of the challenges and opportunities that will determine China s long-term growth, authored by a team of senior policy advisors and compiled by Dr Liu Shijin of the Development Research Centre of the State Council. 
The phenomenal growth of the past 10 years will not be repeated and a slowdown is inevitable. This book explains that China is undergoing a necessary period of transition and sees two steps for the country s economic future: upgrades at the industrial level; and innovation. Likely future growth opportunities include more investment in infrastructure, urbanisation, automation and consumer consumption.
As the economic structure changes, so too will factors of supply and demand in addition to the pressing need to address China s environmental degradation. In outlining the most likely scenarios for the country a decade from now, this book is an essential read for those with an eye on investing in China s continued development.

China s Next Decade: Rebuilding economic momentum & balance

CLSA Books

See the best price to sell, buy, or rent books by Development Research Center of the State Council. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Development Research Center of the State Council