COUNTRY PROFILE. China Mainland

Transcription

1 COUNTRY PROFILE China Mainland

2 IMD WORLD COMPETITIVENESS RANKING 208 All data are available from the World Competitiveness Online. Visit our eshop

3 COMPETITIVENESS TRENDS - OVERALL CHINA MAINLAND OVERALL PERFORMANCE (63 countries) CHALLENGES IN 208 Stimulate Stimulate domestic domestic consumption consumption to promote to promote high-quality high-quality sociosocioeconomic development. Address challenges posed by increasingly serious population ageing. Facilitate institutional reform to enhance good governance. Regulate local government debt effectively to prevent systemic financial risks. Resolve trade disputes to stabilize international economic cooperation. Provided China Institute by: for Development Planning, Tsinghua University China Institute for Development Planning, Tsinghua University 8 3 BASIC FACTS Rank Capital Land area (square km '000) Beijing 9, Exchange Rate (per $) Population - market size (millions), Gross Domestic Product (GDP) (US$ billions) 2, GDP (PPP) per capita (US$) 6, Real GDP growth (%) Consumer price inflation (%) Unemployment rate (%) Labor force (millions) Current account balance (% of GDP) Direct investment stocks inward ($bn), Direct investment flows inward (% of GDP) COMPETITIVENESS LANDSCAPE Economic Performance Government Efficiency Business Efficiency Infrastructure Domestic Economy International Trade 28 International Investment 8 Employment Prices Public Finance Tax Policy Institutional Framework Business Legislation Societal Framework Productivity & Efficiency 27 Labor Market Finance 20 Management Practices 6 Attitudes and Values 3 Basic Infrastructure 9 Technological Infrastructure Scientific Infrastructure 2 Health and Environment Education PEER GROUPS RANKINGS ASIA - PACIFIC (4 countries) POPULATIONS > 20 MILLION (29 countries)

4 COMPETITIVENESS TRENDS - FACTOR BREAKDOWN CHINA MAINLAND ECONOMIC PERFORMANCE Sub-Factor Rankings : 207 Domestic Economy International Trade 4 International Investment Employment Prices GOVERNMENT EFFICIENCY Sub-Factor Rankings : 207 Public Finance Tax Policy 55 Institutional Framework Business Legislation 54 Societal Framework BUSINESS EFFICIENCY Sub-Factor Rankings : 207 Productivity & Efficiency 29 Labor Market Finance 22 Management Practices 24 Attitudes and Values INFRASTRUCTURE Sub-Factor Rankings : 207 Basic Infrastructure 23 Technological Infrastructure 4 Scientific Infrastructure 3 Health and Environment 56 Education

5 IMD WORLD COMPETITIVENESS DIGITAL RANKING 208 All data are available from the World Competitiveness Online. Visit our eshop 4

6 DIGITAL TRENDS - OVERALL CHINA MAINLAND OVERALL PERFORMANCE (63 countries) Overall Alpha Alpha Factors Beta BetaLabel Gamma GammaLab Sub-Factors Knowledge Talent Training & education Scientific concentration Technology Regulatory framework Capital Technological framework The direction of the triangle indicates the performance change from the last year: improved or stable declined Future readiness Adaptive attitudes Business agility IT integration OVERALL & FACTORS - 5 years OVERALL Knowledge Technology Future readiness COMPETITIVENESS & DIGITAL RANKINGS Digital Competitiveness N.B. This graph provides only a comparison of the country s performance in the two rankings PEER GROUPS RANKINGS ASIA - PACIFIC (4 countries) POPULATIONS > 20 MILLION (29 countries)

7 u Overall top strengths w Overall top weaknesses FACTORS BREAKDOWN - STRENGHTS AND WEAKNESSES CHINA MAINLAND KNOWLEDGE Subfactors Talent Training & education Scientific concentration Talent Rank Rank Rank Training & education Scientific concentration u Educational assessment PISA - Math 5 Employee training 5 Total expenditure on R&D (%) 5 w International experience 50 Total public expenditure on education 46 Total R&D personnel per capita 36 Foreign highly-skilled personnel 28 Higher education achievement 29 Female researchers - u Management of cities 0 Pupil-teacher ratio (tertiary education) u R&D productivity by publication Digital/Technological skills 7 Graduates in Sciences - w Scientific and technical employment 48 Net flow of international students 45 w Women with degrees 54 High-tech patent grants 20 TECHNOLOGY Subfactors Regulatory framework Capital Technological framework Regulatory framework Rank Capital Rank Technological framework Rank Starting a business 46 IT & media stock market capitalization 33 Communications technology 22 u Enforcing contracts 5 Funding for technological development 8 Mobile Broadband subscribers Immigration laws 38 Banking and financial services 47 Wireless broadband 39 Development and app. of technology 23 Investment risk 37 w Internet users 56 Scientific research legislation 9 Venture capital 33 Internet bandwidth speed 48 Intellectual property rights 42 Investment in Telecommunications 4 u High-tech exports (%) 0 FUTURE READINESS Subfactors Adaptive attitudes Business agility IT integration Adaptive attitudes Rank Business agility Rank IT integration Rank E-Participation 9 Opportunities and threats 2 E-Government 48 Internet retailing 2 Innovative firms 24 Public-private partnerships Tablet possession Agility of companies 2 Cyber security 0 Smartphone possession 6 Use of big data and analytics 2 w Sofware piracy 58 Attitudes toward globalization Knowledge transfer 24 6

8 IMD WORLD TALENT RANKING 208 All data are available from the World Competitiveness Online. Visit our eshop 7

9 IMD World Talent Ranking 208 CHINA MAINLAND OVERALL PERFORMANCE (63 countries) The direction of the triangle Alpha indicates AlphaLabel the Beta BetaLabel Gamma GammaLabel performance change from the last year: improved or stable declined Investment & Development 5 Appeal Overall Investment & Development Appeal Readiness Readiness Investment & Development Total public expenditure on education Percentage of GDP 3.8 % 46 Gov. expenditure on education per student Percentage of GDP per capita (secondary education) - % - Pupil-teacher ratio (primary education) Ratio of students to teaching staff 6.29 ratio 35 Pupil-teacher ratio (secondary education) Ratio of students to teaching staff 3.82 ratio 42 u Apprenticeships are sufficiently implemented 5.3 Survey [0..0] 20 u Employee training is a high priority in companies 6.46 Survey [0..0] 5 Female labor force Percentage of total labor force - % - Health infrastructure meets the needs of society 5.69 Survey [0..0] 36 Value 208 Rank Appeal w Cost-of-living index Index of a basket of goods & services in the main city, including housing (New York City = 00) index 55 u Attracting and retaining talents is a priority in companies 7.2 Survey [0..0] 2 Worker motivation in companies is high 6.55 Survey [0..0] 2 Brain drain (well-educated and skilled people) does not hinder competitiveness in your economy 4.23 Survey [0..0] Quality of life is high 6.27 Survey [0..0] 38 Foreign highly-skilled personnel are attracted to your country's business environment 5.59 Survey [0..0] 28 w Remuneration in services professions Gross annual income including supplements such as bonuses, US$ 2,355 US$ 5 Remuneration of management Total base salary plus bonuses and long-term incentives, US$ 42,463 US$ 38 Effective personal income tax rate Percentage of an income equal to GDP per capita 20.4 % 36 Personal security and private property rights are adequately protected 5.93 Survey [0..0] 42 Value 208 Rank Readiness w Labor force growth Percentage change -0.7 % 5 Skilled labor is readily available 5.6 Survey [0..0] 35 Finance skills are readily available 6.20 Survey [0..0] 35 w International experience of senior managers is generally significant 4.76 Survey [0..0] 50 Competent senior managers are readily available 5.37 Survey [0..0] 38 Educational system The educational system meets the needs of a competitive economy 5.68 Survey [0..0] 34 u Science in schools is sufficiently emphasized 6.57 Survey [0..0] University education meets the needs of a competitive economy 5.86 Survey [0..0] Management education meets the needs of the business community 6.03 Survey [0..0] 33 Language skills are meeting the needs of enterprises 5.80 Survey [0..0] 36 w Student mobility inbound Foreign tertiary-level students per 000 inhabitants 0.0 number 56 u Educational assessment - PISA PISA survey of 5-year olds 525 Average 6 Value 208 Rank 8

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