China Moving Forward

Ken Moak and Miles W. N. Lee

Chapter Chapter 7 in China’s Economic Rise and Its Global Impact, 2015, pp 151-167 from Palgrave Macmillan

Abstract: Abstract The guidelines and targets set by the Twelfth FYP and Third Plenum of the Eighteenth Communist Party of China Central Committee (CPCCC) appeared to have been influenced by a joint Sino—World Bank study entitled “China, 2030: Building a Modern, Harmonious, and Creative Society.”1 The study was initiated in 2010 by Robert Zoellick, the then president of the World Bank. He acknowledged that China had made great progress in reforming its economy, lifting more than six hundred million people out of poverty and making China the largest economy in the world by purchasing power parity (PPP) measurements. Zoeilick also indicated that in order for China to reach its economic potential and become a great power, it must expand reform. The Chinese government heeded his counsel and drew the World Bank and the Development Research Centre (DRC) of the State Council together to participate in a joint study on how China can achieve a real per capita real GDP of US$16,000 and be at peace with other nations by 2030.2 A Chinese government think tank was involved as the coauthor of the study because some in the government were suspicious of World Bank intentions because it is dominated by the United States. The study, completed in November 2012, outlined six strategies for the government. They are summarized here.3

Keywords: Silk Road; Asian Development Bank; North Atlantic Treaty Organization; Hukou System; Shanghai Cooperation Organization (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (3)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-53558-0_8

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137535580

DOI: 10.1057/9781137535580_8

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().