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UNDP Report: China's Spectacular but Incomplete Rise

UNDP by Victoria Cole, July 27, 2015 Adjust font size:

3.1.2 A Development-Oriented Government at the Root of China's Progress

China's successful development experience and the achievement of the MDGs can be attributed to three key factors: a development-oriented government, a rapidly expanding but well-managed economy and a favorable social and demographic setting.

The role of the Chinese government in contributing to China's progress is of crucial importance. Economic growth in China has been achieved by a very proactive government that is development-oriented, rational in goal setting, and progressive in its domestic resource mobilization.

Five-year plans, national goals formulated and implemented by the Chinese government, have allowed the government to guide the direction of macro-economic policies and to regularly make deliberate policy adjustments. Furthermore, some of China's national goals were consistent with the MDGs.

Finally, a results-oriented evaluation system at every level of government, along with a specific national plan, has driven China's spectacular progress and contributed the process of achieving several MDGs.

The Chinese government has also been active in promoting the mobilization of domestic resources and investing overseas, while allowing the financial sector to use funds for large "physical infrastructure" projects, such as roads, high-speed railways, airports, energy and communication networks.

The combination of these with "social infrastructure" projects including improving education, healthcare and pensions, have boosted development and led to extreme poverty eradication. Income redistribution has also been improved via taxes, remittances, and other revenues generated by public and private savings and investments.

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