StrongeasingChina's GDP growth reached 3.0%in 2022,significantly below the potential growth rate.The negative output gap resulted from both external and internal pressures.For external factors,the sudden breakout of Russia Ukraine conflict,the seven federal funds rate hikes and the reversal of quantitative easing poliey all played important ro...
Shanghai (AFP) Jan 25, 2024 - Clean-energy projects were the largest driver of China's economic growth in 2023, with Beijing investing nearly as much in decarbonisation infrastructure as total global investment in fossil fuels, according to a report rel
As China reopens after the COVID-19 pandemic, we profile the Chinese industries with considerable growth potential in 2023.
(ECNS) -- China’s economic growth target of five percent in 2023 is conservative and is very likely to reach six percent or even higher, said Justin Yifu Lin, dean of the Institute of New Structural Economics at Peking University, on Wednesday.Lin made the comments at a conference to dis...
Despite external pressure and internal difficulties, China has successfully achieved the major targets set for 2023 and recorded a rebound and improvements in the economy. Produced by Xinhua Global Service You may like Defying China skeptics: 4 misjudgments on economic front debunked 4 giant pandas...
(ECNS) -- China’s economic growth target of five percent in 2023 is conservative and is very likely to reach six percent or even higher, said Justin Yifu Lin, dean of the Institute of New Structural Economics at Peking University, on Wednesday. ...
China's gross domestic product (GDP) is expected to grow 5.2 percent in 2023 and 5 percent in 2024, according to a report released at the International Financial Forum (IFF) on October 28. The global growth is projected to slow further this year at 3.1 percent, and is likely to remain ...
27, 2023. (Xinhua/Guo Cheng) FASTER-THAN-EXPECTED RECOVERY In its latest update to the World Economic Outlook report, the IMF expects a "faster-than-expected recovery" of China's economy after the COVID-19 pandemic dampened growth in 2022. "Growth is expected to pick up in China with ...
The good start of the Chinese economy this year once again proved that fundamentals of China's economic growth remain unchanged,and China's advantages of its large-scale market and complete industrial system remain unchanged.China has the confidence and ability to sail the giant ship of the ...
New industries, business formats, models contribute more to Chinese economy in 2023｜2023年我国“三新”经济增加值占GDP比重达17.73% The added value of new industries, new business formats and new business models, dubbed the "three new" economy, contributed more to China's economic growth ...