Content area
Full Text
The People's Republic of China joined the OECD Development Centre on 1 July, in a move described as an important step in support of China's transformation and transition to a new growth model.
China becomes the 49th member of the Development Centre, which was created in 1961 to help world leaders find policy solutions to stimulate growth and improve living conditions in developing and emerging economies.
China accepted the invitation to join during an historic visit by Chinese Premier Li Keqiang to the OECD, the first to the Paris-based organisation by a Chinese state leader, and coincides with the 20th anniversary of OECD-China relations. China is a key partner of the OECD, alongside Brazil, India, Indonesia, and South Africa, which are already members of the OECD Development Centre.
Li Wei, the president of the Chinese Development Research Centre of the State Council (DRC), accepted the OECD's official invitation to join the OECD Development Centre, endorsing China's membership in the...