Even at 3% to 4%, the pace of China's growth remains faster than that of developed economies. The IMF in October forecast U.S. real GDP would slow to 1.5% growth in 2024, down from 2.1% in 2023. The fund is set to release an update to its global predictions on...
It should be emphasized that the above predictions about GDP growth and unemployment rate are based on the precondition that the macroeconomic policies will be more accommodative in 2023. Without the support of preemptive and expansionary fiscal and monetary policies, Chinese economic growth in 2023 w...
Much less certain is predicted GDP per capita growth.For this set of predictions, we have assumed that US real GDP per capita keeps growing at its recent rate of 1% per annum; China’s gradually slows f...
This year's GDP target is also consistent with the growth potential of the Chinese economy at present and with the capability of resources and production factors to support the economy, according to the report. "For China, 2023 is a year of economic comeback," said Liu Shouying, dean of ...
* The around 5-percent GDP target for 2023 is consistent with the growth potential of the Chinese economy at present and with the capability of resources and production factors to support the economy. * Delivering steady and quality growth is key to realizing the CPC's grand blueprint for bui...
Prior to the meeting,Reutersreported that China could set a GDP growth target as high as 6 percent for 2023, though three of their seven unnamed sources said this number would be from 5 percent to 5.5 percent. Considering China’s strong economic recovery in the first two months (theofficial...
(NBS). Given many disruptions due to Covid outbreaks and restrictive Covid policies across the country, this growth rate is again higher than many forecasters’ predictions. The UCLA Anderson Forecast developed an alternative model to estimate China’s GDP growth2. The model uses four key ...
尽管惠誉已对中国的经济增长预测做出上调,但预期2023年的经济复苏势头将弱于2021年(该年度的GDP增幅为8.4%)。这在一定程度上归咎于房地产市场的持续低迷——虽然旨在提振市场的增量举措持续出台,2022年末住宅销售额或新房开工等指标仍未改善。由于项目延误频发,2022年12月,全国住宅施工面积同比下滑46%。
With China's third-quarter performance surpassing market expectations, a number of international institutions have upgraded their China growth predictions. China's real gross domestic product (GDP) is projected to grow by 5.4 percent in 2023, a recent International Monetary Fund (IMF) statement said...
* Q1 GDP +1.6% q/q s/adj (f'cast +1.4%, Q4 +1.2% revised) * March industrial output +4.5% y/y (f'cast +6.0%, Jan-Feb +7%) * March retail sales +3.1% y/y (f'cast +4.6%, Jan-Feb +5.5%) * Jan-March fixed asset investment +4.5% y/y (f'cast +4.1%, Jan-Feb +...