In 2023, investments in thermal power valued 103 billion yuan had been completed, which was the highest among all power sources.
Infrastructure investment will continue to grow rapidly, investment in high-tech industries will support investment growth, and the real estate market is expected to gradually bottom out and recover. As economic recovery continues, the banking sector is taking the initiative to increase support for the...
In 2023, the infrastructure investment will continue to grow at a fast pace. Considering that the recovery of consumption and manufacturing investment tend to be mild and the export growth declines notably, it is necessary for local government to continue relying on infrastructure investment to promot...
concerns looming over investorshave been alleviated somewhat. We expect solid improvement in fundamentals andthe Chinese economy is likely to bottom out in the first quarter of 2023 andpick up from the second quarter of 2023 onwards.
He expected that the issuance of special bonds would accelerate in the third quarter to support infrastructure investment and stabilize the economy. DEFUSING RISKS TO ACHIEVE HIGH-QUALITY GROWTH In pursuit of high-quality development, the CPC Central Committee stressed the importance of fostering ...
Infrastructure investment will continue to grow rapidly, investment in high-tech industries will support investment growth, and the real estate market is expected to gradually bottom out and recover. As economic recovery continues, the banking sector is taking the initiative to increase support for the...
t give up efforts for short-term growth. Businesses can still expect considerable support from various levels of government, including more infrastructure investment, incentive policies, and measures to boost domestic consumption.It is also very unlikely that China will miss its 2023 growth target ...
Investment in infrastructure and the manufacturing sector will also continue growing at a faster pace, while investment in real estate is expected to stabilize and the decline in exports should narrow further. The low base of comparison is also a key reason for the stronger GDP growth in the se...
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 ...
Inthe first half of 2023, China's actual use of foreign direct investment (FDI) amounted to 703.7 billion yuan ($97.24 billion), down 2.7 percent year-on-year, while 24,000 foreign-invested firms newly established in the period, up 35.7 percent, according to the commerce ministry. ...