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Innovative China: New Drivers of Growth - Development Research Center of the State Council, and World Bank Group
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After more than three decades of average annual growth close to 10 percent, China's economy is transitioning to a 'new normal' of slower but more balanced and sustainable growth. Its old drivers of growth -- a growing labor force, the migration from rural areas to cities, high levels of investments, and expanding exports -- are waning or having less impact. China's policymakers are well aware that the country needs new drivers of growth. This report proposes a reform agenda that emphasizes productivity and innovation to ...

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Innovative China: New Drivers of Growth 2019, World Bank Publications

ISBN-13: 9781464813351

Trade paperback