Developing Modernization Indicators for the People’s Republic of China: Key Considerations and a Proposed Framework

Publication | December 2020

This working paper applies a modernization indicator to assesses the progress of the People’s Republic of China (PRC) and compared it with countries of the Organisation for Economic Co-operation and Development and the G20.

The PRC is in a modernization process that it expects to achieve by 2035. This requires a national indicator to gauge the progress and level of the country’s modernization drive. In this paper, the modernization indicator applied is structured on thematic categories, subcategories, and intersection. It examines four major policy implications for the PRC that can be more durable and successful if coupled with effective division of labor and synergy with stakeholders.

Contents 

  • Introduction
  • Developing Modernization Indicators: Underlying Frameworks
  • Modernization Indicators for the People’s Republic of China
  • The Republic of Korea’s Modernization Experience
  • Japan’s Policies for Socioeconomic Modernization
  • Policy Implications and Conclusions

Additional Details

Authors
Type
Series
Subjects
  • Economics
Countries
  • China, People's Republic of
Pages
  • 38
Dimensions
  • 8.5 x 11
SKU
  • WPS200417-2

Subscribe to our monthly digest of latest ADB publications.

Follow ADB Publications on social media.