China a Model Country

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Paul Wolfowitz, President of the World Bank, noted that China has shown astonishing resolve in the last 25 years in fighting poverty, with remarkable progress to show for it. With similar resolve, China can successfully work with the Bank and with other partners to overcome the remaining development challenges it faces today: battling continued poverty, confronting environmental decline, and lowering barriers to global trade. He commented that the upcoming meeting of the G-20 presents a vital opportunity for China and the international community to redress the imbalances in the global economy, to create a more stable and equitable world for future generations. It is the first time that China is hosting this meeting of the G-20-and this is appropriate evidence of China's growing role as a major force in the global economy. The decisions at that meeting can make a difference for the world's poor--between a life of deprivation and suffering or a future with dignity and opportunity.

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PROGRESS, LIVING STANDARDS, TARIFFS, ENERGY CONSUMPTION, CAPITA INCOME, GLOBAL COMPACT, ECONOMIC GROWTH, GOOD, WORLD TRADE ORGANIZATION, ECONOMIC PERFORMANCE, WAGES, POLICIES, LOWERING BARRIERS, BARRIERS, GLOBAL MARKETS, WOMAN, FUTURE, INCOME, CREDIT, POOR COUNTRIES, DEVELOPING WORLD, LABOR FORCE, DEVELOPING COUNTRIES, AGRICULTURE, CONSUMERS, POOR PEOPLE, SHARES, ENERGY USE, GLOBAL ENVIRONMENT, MARKET, INTERNATIONAL COMMUNITY, WEALTH, NUMBER OF PEOPLE, FUTURE GENERATIONS, ECONOMICS, OUTPUT, DEVELOPED COUNTRIES, GOVERNANCE, ECONOMIC DEVELOPMENT, KNOWLEDGE, DEVELOPMENT, TRADE, RICH COUNTRIES, RAPID DEVELOPMENT, FUEL ECONOMY, INTERESTS, GDP, GOODS, GLOBAL TRADE, DRINKING WATER, GLOBAL ECONOMY, PER CAPITA INCOME, EXTREME POVERTY, SHARE, DEVELOPING ECONOMY, POVERTY, POPULATION, STUDENTS, LIVING CONDITIONS, WORLD TRADE, MARKETS, DEBT, ENVIRONMENTAL IMPACT, RETURN, RENEWABLE ENERGY, ECONOMIC REFORMS, TUBERCULOSIS, RURAL DEVELOPMENT, GROSS DOMESTIC PRODUCT, FIGHT AGAINST POVERTY, SUBSIDIES, FINANCE, GLOBAL DEVELOPMENT, DEBT RELIEF, GROWTH

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