ISBN: 9787802348479

Publisher: China Development Press

Issued: September 2012

The development-oriented welfare regime strikes a balance between economic growth and welfare improvement. It better conforms to the political, economic and social situation of newly-industrialised countries.

Since it raises moderate requirements for government management and organisation ability, and doesn't make a commitment in pension and healthcare, it can help adapt to fierce global competition and unstable peripheral security.

China's economic policies should pay more attention to improving people's livelihood. Its social policy should be more conducive to economic growth and should make it easier for citizens to participate. The country should adopt more active human capital policies, mutually beneficial labor market policies, and reliable social security policies.