Jia also pointed out that the downward trend of China's macroeconomy since 2010 has not ended. In 2022, the GDP growth rate is expected to be around 3%, affected by demand contraction, supply shock, and weaker expectations. The market expectation continues to decline this year. However, with...
Unexpected problems resulted from the resurgence of the pandemic in China's economic powerhouses. As a result, we managed to achieve a positive growth rate of only 0.4% in the second quarter. The growth rate in the first half of the year was only around 2.5%. After adjustment in the thir...
Jia also pointed out that the downward trend of China's macroeconomy since 2010 has not ended. In 2022, the GDP growth rate is expected to be around 3%, affected by demand contraction, supply shock, and weaker expectations. The market expectation continues to decline this year. However, with...
In 2022, China's economic growth rate was only 3%, much lower than the 5.5% economic growth target set in March last year. While the result was not surprising, last year's economic growth rate was the lowest in decades. In the history of economic development of the country, this is the...
BEIJING--China’s economic growth fell to its second-lowest level in at least four decades last year under pressure from anti-virus controls and a real estate slump, but activity is reviving after restrictions that kept millions of people at home and spa
The economic activity data for Wuhan in 2022 was released on Feb.1.A preliminary calculation shows Wuhan's regional GDP in 2022 was RMB 1,886.643 billion,ranking it 8th among all the cities in China and advancing one place ahead of the previous year.This calculates to a growth rate of 4...
In 2022, China's economy grew by just 3% as a result of prolonged COVID-19 regulations linked to its zero-COVID policy. Before 2012, GDP growth rates were mostly around 10% per annum. After 2012, China's economy entered a phase of moderately high-speed growth, with the growth rate st...
In 2022, China's economy grew by just 3% as a result of prolonged COVID-19 regulations linked to its zero-COVID policy. Before 2012, GDP growth rates were mostly around 10% per annum. After 2012, China's economy entered a phase of moderately high-speed growth, with the growth rate st...
The opportunities outweigh the challenges for China's capital market in 2022, said Peng. He said China's policies to stabilize growth are the opposite of policy tightening and downward cycle overseas. In the future, China's market conditions and institutional environment will further improve. The ...
The IMF foresees China's overall GDP growth aligning with the global projected pace in 2022, but it is expected to rise to 4.4 percent in 2023. The revisions are 0.1 and 0.2 percentage point lower than projected in July. Gr...