Wang Huning, a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee and chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, attends a symposium on analyzing the country's economic situation in 2023, in ...
China's GDP increased by 6.3% in Q2 2023, but the quarter-on-quarter growth was 0.8%, shy of market expectation.
In contrast, the UN World Economic Situation and Prospects 2023 report predicted global growth to decelerate from an estimated 3.0 percent in 2022 to 1.9 percent in 2023, marking one of the lowest growth rates in recent decades. The global economy will see slow growth, high inflation and high ...
China’s mainland provinces have released their GDP growth targets for 2024 alongside their GDP data and performance for 2023.
spend money due to the current environment, that does not mean they lack it. This indicates that when the situation becomes more optimistic, growth will be stronger. Furthermore, despite these challenges, China is likely to resort to increased infrastructure investment to maintain its economic ...
Under the situation of the global economic growth slowing down in 2023, China's economy will buck the trend, with its real GDP growth expected to reach 5 percent to 6 percent, Wang added. The country's consumption growth is expected to improve significantly in 2023. ...
spend money due to the current environment, that does not mean they lack it. This indicates that when the situation becomes more optimistic, growth will be stronger. Furthermore, despite these challenges, China is likely to resort to increased infrastructure investment to maintain its economic ...
Looking ahead, they expect to see better economic performance with China's existing supportive policies continuing to take effect and more stimulus in the offing. In the breakdown, China's value-added industrial output grew by 4.6 percent year-on-year in 2023. In particular, that of the equipm...
"I think all the ingredients for recovery are there. We are very optimistic about recovery in China," said Hamid Rashid, a leading United Nations economist and lead author of the World Economic Situation and Prospects 2023. Rashid expressed confidence that China's economy will experience a "robu...
2023,Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee,delivered an important speech at the annual Central Economic Work Conference, held in Beijing on December 15 and 16,which analyzed China's current economic situation and scheduled next year's economic work....