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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Surrounded by students, World Bank Group President Kim notes the success of a a technical training program that once received help from the World Bank and says investment in education and health pay off over time. Read More »
China can save a total $1.4 trillion （15% of last year's GDP) if it builds more efficient, denser cities. A new World Bank-China joint report recommends using those savings to expand social services to all people -- including migrants.Read More »