World Bank president Jim Yong Kim wrapped up his first trip to China on Friday since taking up the institution's top role earlier this year. During his visit, Kim presented the World Bank's report on China's economic growth until 2030.
At a press conference, he said that China is on an active reform track for its economy. But, he noted that China will find it challenging when dealing with social policy reform on land distribution and household registration. On business regulation reform, Kim said that reshaping the role of state-owned enterprises is crucial.
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