{"product_id":"innovative-china-development-research-center-of-the-state-9781464813351","title":"Innovative China: New Drivers of Growth","description":"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 help policymakers promote China's future growth and achieve their vision of a modern and innovative China. The reform agenda is based on the three D's: removing Distortions to strengthen market competition and enhance the efficient allocation of resources in the economy; accelerating Diffusion of advanced technologies and management practices in China's economy, taking advantage of the large remaining potential for catch-up growth; and fostering Discovery and nurturing China's competitive and innovative capacity as China approaches OECD incomes in the decades ahead and extends the global innovation and technology frontier.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Development Research Center of the State,World Bank Group\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1464813353\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781464813351\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e World Bank Publications\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/17\/2019\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 184\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.00lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 10.40h x 8.00w x 0.50d","brand":"Development Research Center of the State","offers":[{"title":"Paperback","offer_id":47520434651391,"sku":"9781464813351","price":45.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_80984c2f-a29b-458a-87b5-46b891ffa7e7.jpg?v=1762885356","url":"https:\/\/www.whiterainbookhouse.com\/products\/innovative-china-development-research-center-of-the-state-9781464813351","provider":"WR Book House","version":"1.0","type":"link"}