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Since China began to open up and reform its economy in 1978, GDP growth has averaged almost 10 percent a year, and more than 800 million people have been lifted out of poverty. There have also been significant improvements in access to health, education, and other services over the same period.

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FOUR DECADES OF POVERTY REDUCTION IN CHINA

New Report Looks at Lessons from China��s Poverty Reduction Experience

Over the past 40 years, the number of people in China with incomes below $1.90 per day has fallen by close to 800 million.
New Report

China Economic Update - December 2021

Real GDP growth for China is projected to reach 8.0 percent this year, before moderating to 5.1 percent in 2022.

Photo: ? Juanjo Tugores/Shutterstock
World Bank and China

Articles from some of the key actors involved on both the Chinese and the World Bank sides in the past four decades of partnership

China At-A-Glance

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. ľ��ӰԺ will continue to work with China to address institutional gaps and increase its contribution to global public goods.

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A World Bank project has helped improve lives and livelihoods for more than 145,000 rural residents in China's Anhui Province.

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Martin Raiser

Vice President, South Asia Region

Sebastian Eckardt

Practice Manager, Macro Economics, Trade and Investment, East Asia and Pacific Region

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In Depth

Innovative China: New Drivers of Growth

China needs to foster new drivers of growth to address productivity challenges, intensify reforms and promote greater innovation.
What's ailing China's health system? What Changes are needed? Read the report.
By 2030, up to 70% of the Chinese population - some one billion - will be living in cities. How could China prepare for that?
Results Profiles

Take a look at the results the World Bank-supported projects have achieved in China.
Systematic Country Diagnostic for China
ľ��ӰԺ provides free and open access to a comprehensive set of development data in countries around the globe, including China.