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Governance in China

image of Governance in China

While China's economy has shown impressive dynamism following the increased reliance on market-based policies, the governance structures themselves will have to be reformed deeply for this growth to be sustainable. This report examines the many challenges of governance which China is facing.  In addition to the well-known problems related to the lack of openness in government and intellectual property rights, this book also looks at the delivery of public services, management of state assets, regulatory management, e-government, taxation and public expenditure, fighting corruption, and producing reliable information. Selected policy areas where the insufficient governance reforms have an impact on the policies themselves -- like the financial sector, agriculture, environmental protection, labour market and social protection, education, and competition -- are also discussed.

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Reforming State Asset Management and Improving Corporate Governance

The Two Challenges of Chinese Enterprise Reform

China’s potential benefits from regulatory reform are significant, as is the potential downside if a number of serious regulatory problems are not addressed. This chapter reviews China’s recent efforts to improve regulatory capacities and to build a regulatory environment on the basis of the rule of law.

China has taken a series of steps to construct a framework of credible rules, legal systems, procedures and institutions needed for a market economy. Reforms to introduce and consolidate the rule of law, which were started in the late 1970s, have been accelerated

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