This year we (Organization for Economic Cooperation and Development) proudly celebrate the 20th anniversary of China-OECD relations. Over these past 20 years, we have forged a mutually beneficial partnership that is not only improving people's lives in China and around the world, but also creating the building blocks for more resilient, inclusive and green economies. Today, China is a key OECD partner country and we look forward to deepening our engagement further in the years to come.

Our relationship began in 1995 when we co-organized a policy dialogue on trade and investment. Since then, it has broadened to meet the ever-growing global requirements for better policy analysis, design and implementation. The policy dialogue with the OECD addresses issues that affect people throughout their lives.

Working hand-in-hand, the OECD and China have achieved a number of milestones, providing evidence-based analysis through regular economic surveys, sectoral policy reviews and thematic studies in a broad range of areas, including agriculture, corporate governance, public administration, taxes, environment, urban development, science and technology, and education.

This is a mutually beneficial relationship. China is benefiting from the OECD's ability to bring together expertise and experience from a wide range of countries and policy communities, and the OECD benefits from China's accumulated experiences. For instance, the OECD's Programme for International Student Assessment ranked Shanghai top of the list on financial literacy, with the share of top performers in financial literacy in Shanghai at 42.6 percent of students compared with 8 percent on average in OECD countries. As a result, the United Kingdom has set up a mathematic teacher exchange program so that its teachers can learn the most effective teaching methods from their counterparts in Shanghai.

China is also actively engaged in the work of OECD technical committees and has adhered to numerous OECD instruments such as the Declaration on International Science and Technological Cooperation for Sustainable Development. At present, China's economy is undergoing a significant transformation and the OECD stands ready to support it.