China - Country partnership strategy

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China - Country partnership strategy

Abstract

This Country partnership Strategy for China focuses on five thematic areas of engagement that build on the Bank Group's international expertise while maximizing the creation and dissemination of knowledge of China's development processes inside and outside China. In particular, the Bank Group aims to help: 1) Integrate China into the world economy by deepening its participation in multilateral economic institutions, reducing internal and external barriers to trade and investment, and contributing to its overseas development efforts (pillar 1); 2) Reduce poverty, inequality and social exclusion, through promoting balanced urbanization, sustaining rural livelihoods, and expanding access to basic social and infrastructure services, particularly in the rural areas (pillar 2); 3) Manage resource scarcity and environmental challenges, through reducing air pollution, conserving water resources and optimizing energy use (partly through pricing reforms), improving land administration and management, and observing international environmental conventions (pillar 3); 4) Deepen financial intermediation, by expanding access to financial services (especially among small and medium enterprises), developing the capital markets, managing systemic risks, and maintaining financial stability (pillar 4); and 5) Improving public and market institutions, by improving firm competitiveness, reforming public sector units, and rationalizing intergovernmental fiscal relations (pillar 5). The Bank Group will support the Government's activities in these areas through a variety of Instruments, including lending and analytical and advisory activities by the IBRD; IFC investments to strengthen financial institutions and shift assets into the private sector while also helping the private sector to adopt international practices; and MIGA guarantees to support infrastructure development through foreign direct investment. The key risks to the Bank Group's development effectiveness in China are stagnation in the reform process, financial sector difficulties, an external shock, a health epidemic such as the avian flu, or social instability leading to an economic slowdown. Each risk is being carefully monitored, and the Government is taking measures to address each of them. Show Less

Details

Document Date	2006/05/23
Document Type	Country Assistance Strategy Document
Report Number	35435
Volume No	1 of 1
Country	China
Disclosure Date	2006/09/28
Doc Name	China - Country partnership strategy
Keywords	accountability, ADB, agricultural employment, Agricultural production, agricultural productivity, agriculture, air pollutio... Show More accountability, ADB, agricultural employment, Agricultural production, agricultural productivity, agriculture, air pollution, appropriate incentives, auditing, banking sector, banks, basic needs, Cancer, Capital formation, capital markets, cardiovascular disease, central bank, citizens, Clean Development Mechanism, coal, Commercial Bank, comparative advantage, competitiveness, demographic transition, demographics, demonstration effects, dependency ratio, development efforts, development planning, development processes, development strategy, diseases, disposable income, dissemination, drugs, economic development, economic growth, economic integration, economic productivity, economic structure, elderly, energy consumption, energy efficiency, energy use, Environmental, environmental degradation, Environmental Impact, environmental pollution, environmental regulations, epidemic, equalization, excessive consumption, exchange rate, farm employment, farmers, fertility, fertility rate, financial crisis, financial institutions, financial markets, financial sector, financial services, financial stability, food crops, Foreign Direct Investment, Foreign Exchange, free trade, GDP, GDP per capita, gender disparities, gender issues, global development, Global Environment, global markets, grain production, Greenhouse Gas, growth rate, health insurance, higher incidence of poverty, HIV, Household consumption, housing, human capital, Human Immunodeficiency Virus, illiteracy, illness, Imports, incidence of poverty, Income, income groups, income inequality, industrial economy, industrialization, inefficiency, infant, infant mortality, inflation, infrastructure development, institutional development, institutional mechanisms, insurance, interest rate, interest rates, intergovernmental fiscal relations, international community, international reserves, internationalization, labor productivity, life expectancy, live births, living standards, local government, local governments, Low fertility, macroeconomic management, market economy, market prices, metals, Middle Income Country, migrant, migrant workers, migrants, migration, Millennium Development Goals, minority, National Development, national governments, national poverty, national poverty lines, natural disasters, natural resources, Official Development Assistance, oil, Old age, per capita income, pilot projects, policy dialogue, poor, poor households, poor people, poverty analysis, poverty assessment, Poverty incidence, poverty line, poverty lines, poverty Poverty, Poverty profile, poverty reduction, primary school, productivity, productivity growth, productivity increases, progress, Public Service, public services, public transportation, Purchasing Power, Purchasing Power Parity, rate of growth, recycling, regulatory framework, resource use, Resources Management, retirement, Rural, rural areas, Rural Credit, rural development, rural health, rural income, rural infrastructure, rural institutions, rural labor, rural livelihoods, rural migrants, rural phenomenon, rural prices, rural public, rural water, safety nets, savings, scarcity value, school-age children, Securities, service delivery, sex, Small Enterprises, social consequences, social costs, social development, social policy, social programs, social safety nets, social sector, social sectors, social security, social services, spillover, strategic priorities, sustainable economic growth, sustainable use, Technical Assistance, technology transfers, total factor productivity, total factor productivity growth, transport, tuberculosis, unemployment, urban areas, urban development, urbanization, use of energy, wage rates, waste management, water pollution, water prices, water pricing, Water Resources, water use, World Trade Organization, WTO Show Less
Language	English;
Rel. Proj ID	CN-China Cas Fy06-09 -- P094346;
Region	East Asia and Pacific;
Rep Title	China - Country partnership strategy
Topics	Environment; Macroeconomics and Economic Growth; Health, Nutrition and Population; Poverty Reduction; Rural Development; Finance and Financial Sector Development;
SubTopics	Environmental Economics & Policies; Rural Poverty Reduction; Economic Theory & Research; Banks & Banking Reform; Population Policies;
Unit Owning	WB Off: Beijing (CN/MN/KR) (EACCF)

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