However, by the current growthtrajectory, China’s average economic growth rate is expected to stay at approximately 3.8% over the period between 2020-2035. This makes the GDP per capita growthtarget hard to achieve. Even...
国家统计局1月18日发布数据,2020年,我国国内生产总值(GDP)首次突破100万亿元大关。 China's economy grew by 2.3 percent in 2020, with major economic targets achieving better-than-expected results, the National Bureau of Statistics said on Monday. 国家统计局1月18日表示,2020年,我国经济增长2.3%,经济社...
Ning says China's grain output reached a high point, while pork production sustained a fast recovery for 2020. There was also growth in industrial production, high-tech manufacturing, and foreign trade. Ning pointed to several factors leading to economic recovery. NING JIZHE Director, National Bu...
The growth will be boosted by government spending, strong exports and a low rate of new COVID-19 infections since March, but checked by slow domestic consumption, the bank said in its October 2020 Economic Update for East Asia and the Pacific. The rest of the region, however, is projected...
It was the lowest growth rate China had seen in 28 years. First quarter GDP in 2020 plunged 6.8 percent as the coronavirus hammered economic activity. But then, in just the following quarter, the second quarter of 2020 saw China's GDP swing by 10 percentage points in the other...
"If the virus is contained within the next several months, then Chinese GDP could be significantly stronger than expected during late-2020 and early-2021." Vanguard: Maintains at 5.8% The main impact on China's economic growth is likely to be that on sentiment, said Qian Wang, Vanguard's ...
In the bigger picture, the report has forecast global economic growth to hit 2.6 percent for 2020, a new low in recent years, with an obvious downward trend. Sci-tech development and new economic industries represent the future of the global economy, said the report, stressing the necessity ...
Economists Lift China’s 2020 GDP Growth Forecast to 2.37%, Yicai Survey Shows (Yicai Global) Oct. 12 -- Chief economists at Chinese financial institutions polled by Yicai raised their forecast for China’s economic expansion this year as the recovery gathers pace. ...
NEW YORK, Jan. 10 (Xinhua) -- China is capable of maintaining steady economic growth in the year to come and beyond, buoyed by multiple driving forces, despite mounting downward pressure, economists have said. "The gross domestic product growth in China in 2020 is likely to be stable," sa...
doi:10.19602/j.chinaeconomist.2021.01.01Liu WeiChen YanbinChina Economist