China China needs to foster new drivers of growth to address productivity challenges, intensify reforms and promote greater innovation. Read More . To learn more about cookies, click here. S. Korea's imported car sale grows 8.1 per cent in September, Vietnam's fruit, vegetable export down 11 per cent in first 9 months, Coronavirus may push 150 million people into extreme poverty - World Bank. Take a look at the results the World Bank-supported projects have achieved in China. , We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. The primary World Bank collection of development indicators, compiled from officially-recognized international sources. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. A World Bank project has helped Liuzhou City increasing the wastewater treatment rate and benefiting 3 million residents. The "Doing Business 2020" report, the latest in a series of annual reports by the World Bank, shows that China has been included among the top 10 fastest global reformers for two years in a row. Search, browse and map more than 10,000 projects from 1947 to the present. Explore raw data about the World Bank's finances - slice and dice datasets; visualize data; share it with other site users or through social networks; or take it home with a mobile app. The World Bank is working with China to address institutional gaps and increase its contribution to global public goods. By 2030, up to 70% of the Chinese population - some one billion - will be living in cities. China has achieved substantial development success since its reform and opening up in 1978. Global Economic Prospects examines trends for the world economy and how they affect developing countries. Global data and statistics, research and publications, and topics in poverty and development, Environmental and Social Policies for Projects, China - Country partnership strategy for the Period FY2020-2025, China - Performance and learning review of the country partnership strategy for the period FY13-16, China and World Bank: 30 Years of Partnership, China-World Bank Transport Transformation and Innovation Knowledge Platform (TransFORM). Online tool for visualization and analysis. This site uses cookies to optimize functionality and give you the best possible experience. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. , If you continue to navigate this website beyond this page, cookies will be placed on your browser. Today, China is an upper middle-income country that has remaining development challenges. China. $(document).ready(function () { A World Bank-supported innovative program has supported China reducing carbon dioxide emissions by 2.5 million tons a year. China's economy is expected to grow by 2.0 per cent in 2020, up from the 1 per cent growth projection released in June, the World Bank said on Monday. }) Prior to the economic reform … How could China prepare for that? This site uses cookies to optimize functionality and give you the best possible experience.  {{item['V1 Body']}} A World Bank-supported project has helped Jilin, a major agricultural province in the Northeast China, make food safe for people. Projects & Operations Residents using bicycles to commute during the evening rush hours on a street in Beijing on Sept 28, 2020. China has achieved substantial development success since it started structural reform and opening up policies in 1978. Today, China is an upper middle-income country that has remaining development challenges. readers found this article insightful, Copyright © 1995- Here you can query, map, compare, chart and summarize key climate-related information. China has become a leading reformer among large economies in improving the business environment, according to a report issued by the World Bank.. $('#spanCopyright').text(theDate.getFullYear()) World Development Indicators. The People's Republic of China (PRC) did not become involved with the World Bank group until 1980, when it first joined the World Bank in April due to the market reforms known as reform and opening-up. The World Bank will continue to work with China to address institutional gaps and increase its contribution to global public goods. This target was exceeded each year for the last three consecutive years. To learn more about cookies, click here. - AFP, Tags / Keywords: Country Director for China and Mongolia, and Director for Korea, Practice Manager, Transport, Central Asia, China, and Mongolia, Lead Economist and Program Leader, World Bank China, Mongolia and Korea. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. The World Bank Group works in every major area of development. Keep track and manage your login sessions and devices here. 2 Per cent, 100% The Climate Change Knowledge Portal is a hub of information, data and reports about climate change around the world. WASHINGTON, Sept 29 (Xinhua): China's economy is expected to grow by 2.0 per cent in 2020, up from the 1 per cent growth projection released in June, the World Bank said on Monday. , Explore raw data about the World Bank Group’s finances, including disbursements and management of global funds. It's simple! , China has achieved substantial development success since it started structural reform and opening up policies in 1978. If you continue to navigate this website beyond this page, cookies will be placed on your browser. However, after the Chinese Civil War, the World Bank recognized the Republic of China as its member, until the relationship ended in 1980, when the membership was replaced by the People's Republic of China. What's ailing China's health system? China originally joined the World Bank Group(WBG) on December 27, 1945. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). World Bank Over the duration of its Climate Action Plan, the Bank Group has delivered over $83 billion in climate finance. Find Out. The report projects that economic growth in China will slow sharply to 1.6 percent this year – the slowest expansion since 1976. Star Media Group Berhad (10894D), {{item['V1 Header']}} Global Economic Prospects examines trends for the world economy and how they affect developing countries. Economy  {{item['V2 Header']}}, All you need to know inside Special Pullout. The World Bank Group committed to increasing climate finance from 20% of lending in 2016 to 28% by 2020. The World Bank provides free and open access to a comprehensive set of development data in countries around the globe, including China. Graph, map and compare more than 1,000 time series indicators from the World Development Indicators. Read the report. The World Bank will continue to work with China to address institutional gaps and increase its contribution to global public goods. Growth Today, China is an upper middle-income country but has remaining challenges. 中文 ; Colombia. China from The World Bank: Data. What Changes are needed? IBRD/IDA Operations Approved by Fiscal Year, New and Supplemental Projects by Fiscal Year, Summary of Contributions to Financial Intermediary Funds, Average Monthly Temperature 1901 - 2009 (C), Average Monthly Rainfall 1901 - 2009 (mm), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building, Poverty headcount ratio at national poverty lines (% of population), GNI per capita, Atlas method (current US$), Statistical Capacity score (Overall average). var theDate = new Date(); Open Finances.