Speech at the Session on China’s Economy, Promoting Reforms in Major Areas, and Accelerating the Shift in Driving Forces for Development

Kim, Jim Yong

World Bank, Washington, DC

关键词: INDUSTRIAL POLICY;    GROWTH DRIVERS;    VALUE CHAIN;    TECHNOLOGY ADOPTION;    INNOVATION;   

RP-ID  :  129837

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Jim Yong Kim, President of the World Bank Group (WBG), offered several strategic considerations forChina. First, for the foreseeable future, removingdistortions and accelerating diffusion will remain majorsources of growth. Getting the basics right – structuralreforms in key markets, further improving the broaderbusiness environment, ensuring fair competition, andinvesting in broad-based skills of the labor force – shouldhelp drive growth. Second, China should consider how tobalance industrial policies with the notion of the thirdplenum, that the market should play a decisive role inresource allocation. Third, like other countries, Chinaneeds to prepare for how technological change will impactthe labor force. He concluded by saying that China’sleadership has been critical to promoting an open,competitive global economy.