China has had a remarkable period of rapid growth shifting from a centrally planned to a market based economy. Today, China is an upper middle-income country that has complex development needs, where the Bank continues to play an important development role.
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In an op-ed for China Daily, World Bank Vice President for East Asia and Pacific Axel van Trotsenburg wrote that staying the course on structural reforms could help China sustain robust economic growth in the long run. Read More »
With support from the World Bank, Beijing is implementing a large project to install 100 megawatts of rooftop solar PV systems in 800 primary and middle schools - the largest of such initiatives in the country so farRead More »