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China - Country Partnership Framework for the Period FY2020-2025 (English)

China and the World Bank Group (WBG) have built a strong and dynamic partnership in the 40 years since China initiated reforms in the late 1970s. The WBG strategy has evolved over time as China’s needs and level of development have changed. In the early years, the WBG brought international experience to help design economic reform strategies, improve project management, and address key bottlenecks to growth. More recently, a two-way relationship has developed, the WBG offers international expertise to help address China’s key development challenges and pilot reforms through projects and programs; and China’s development experiences enhance the WBG’s global knowledge and capacity to help other developing countries. This Country Partnership Framework (CPF) for fiscal years (FYs) 2020-2025 reflects an evolution to a more selective engagement appropriate for China’s level of development. It is aligned with China’s own development priorities, which emphasize better quality, more balanced, and environmentally sustainable growth. The CPF focuses on strengthening policies and institutions, addressing regional and global public goods, fostering the private sector, supporting critical services in lagging regions, and strategic piloting of approaches to address key development priorities, especially in areas relevant to other developing countries. It is informed by the WBG’s Systematic Country Diagnostic (SCD) and other WBG studies.

Details

  • Document Date

    2019/11/11

  • Document Type

    Country Partnership Framework

  • Report Number

    117875

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    China,

  • Region

    East Asia and Pacific,

  • Disclosure Date

    2019/12/08

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2019-12-05T00:00:00Z

  • Doc Name

    China - Country Partnership Framework for the Period FY2020-2025

  • Keywords

    multilateral investment guarantee agency; energy use per unit of gdp; micro, small, and medium enterprise finance; Completion and Learning Review; gross fixed capital formation; rate of return on capital; Technical and Vocational Education; protection of intellectual property right; green growth; million people; extreme poverty; global public good; efficiency of health care; competition in energy sector; average income per capita; quality of public service; Productivity-Led Growth; Policy and Institutional Framework; active labor market program; access to quality services; sustainable natural resource management; compulsory education completion rate; resources and environment; local government revenue mobilization; access to capital market; Management of Natural Resources; last country; access to quality education; lagging region; rural area; per capita income; income inequality; recent years; disparities in access; gross national income; political risk insurance; vulnerability to poverty; labor force growth; international poverty line; persistent organic pollutant; access to finance; share of investment; ghg emissions; Green Finance; environmental sustainability; institutional constraint; Financial Sector; flow of labor; local government institution; enforcement of regulation; local government accountability; incidence of poverty; development cooperation; foreign direct investment; local government performance; person with disability; competitive market environment; local government budget; current account balance; quality assurance system; capacity of city; state enterprise reform; consumption per capita; competitive private sector; environmentally sustainable growth; public transit ridership; total energy consumption; labor productivity level; reduction in emission; Poverty & Inequality; gross enrollment rate; senior secondary school; market exchange rate; chemical oxygen demand; ozone-depleting substance; household disposable income; fixed capital investment; economic growth targets; foreign aid program; constraints to growth; coastal urban areas; current account surplus; sustainable forest management; nationally determine contribution; global development finance; social insurance system; skill development program; natural resource depletion; trade and investment; enforcement of law; social security fund; rural poverty line; Health Service Delivery; social and environmental; medium-term expenditure framework; health insurance coverage; Private Sector Growth; state-owned enterprise; social security system; agriculture and industry; subnational fiscal reform; average import tariff; urban air pollution; global financial crisis; Science and Technology; Oil and Gas; Rule of Law; local government borrowing; Social Safety Nets; intergovernmental fiscal system; public service delivery; foreign investment law; government bond yield; portability of benefits; financial sector liberalization; right of women; financial sector regulation; commercial bank financing; direct government support; local government debt; Oil & Gas; direct government debt; regulation and supervision; social protection system; temporary income support; exchange rate policy; Exchange rate policies; climate change challenge; social assistance system; accounting and reporting; social protection program; quality public service; institutional assessment; natural disaster; private finance; urban resident; statistical yearbook; high share; international standard; global knowledge; climate-smart agriculture; ppp terms; firm exit; capital account; public finance; market competition; foreign investor; state capital; basic pension; mean consumption; coastal region; environmental cost; reform priorities; co2 emission; Macroeconomic Management; agricultural productivity; migrant population; registration system; rural migrant; Public Services; budget constraint; absolute poverty; remote area; in poverty; investment climate; Public-Private Partnership; world economy

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Citation

China - Country Partnership Framework for the Period FY2020-2025 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/902781575573489712/China-Country-Partnership-Framework-for-the-Period-FY2020-2025