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Country Partnership Framework for the People's Republic of China for the Period FY2020-2025
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications")- Format:
- Book
- Government document
- Series:
- Country Partnership Frameworks.
- World Bank e-Library.
- Country Partnership Frameworks
- Language:
- English
- Subjects (All):
- Climate Change.
- Climate Change Mitigation and Green House Gases.
- Competition Policy.
- Environment.
- Environmental Economics and Policies.
- Fiscal and Monetary Policy.
- Governance.
- International Governmental Organizations.
- Macroeconomics and Economic Growth.
- Private Sector Development.
- Public Sector Development.
- Public Sector Reform.
- Local Subjects:
- Climate Change.
- Climate Change Mitigation and Green House Gases.
- Competition Policy.
- Environment.
- Environmental Economics and Policies.
- Fiscal and Monetary Policy.
- Governance.
- International Governmental Organizations.
- Macroeconomics and Economic Growth.
- Private Sector Development.
- Public Sector Development.
- Public Sector Reform.
- Place of Publication:
- Washington, D.C. : The World Bank, 2019.
- System Details:
- data file
- Summary:
- Following four decades of high growth and poverty reduction, China has entered a new stage of development. Governance and institutional reforms are at the core of addressing China's remaining development challenges. The China-World Bank Group (WBG) relationship, which will complete 40 years in 2020, is also entering a new phase. To implement this approach, new WBG financing will be subject to selectivity criteria, and IBRD financing will gradually decline. IFC will apply a rigorous additionality assessment to its program. This Country Partnership Framework will focus on three areas of engagement: advancing market and fiscal reforms; promoting greener growth; and sharing the benefits of growth. Cooperating on global knowledge and development is a cross-cutting theme.
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