The document is an OECD economic survey of China that makes the following key points: 1. China has experienced impressive economic growth that has led to rising incomes, but it is now transitioning to slower, higher quality growth as the "new normal". 2. Significant economic and financial risks exist, but appear to be manageable if China enacts reforms. 3. Future growth will rely more on improving education and skills training to develop human capital. Rural incomes, living standards, and access to services need to be increased to reduce inequalities.