China’s economy has survived worst moment: Official
However, experts warned of troubles in the real estate sector, as well as strong external headwinds being a drag on the economy.
However, experts warned of troubles in the real estate sector, as well as strong external headwinds being a drag on the economy.
The expectations are underpinned by targeted macro policy support and infrastructure spending along with a steady recovery in consumption, economists said.
In the face of a more complicated and grimmer international environment, China is taking active moves to deal with the challenges ahead.
China is willing to cooperate with other BRICS countries in fields including 5G, the industrial internet, big data, artificial intelligence and smart manufacturing.
A senior economist said the economy is slowly recovering from a widespread outbreak of Covid-19 in the first half of the year, though it remains under pressure.
Experts say the economy will rebound in the following months with a package of stimulus measures fully taking effect.
Experts said they expect to see stronger fiscal policy easing, notably in infrastructure spending, to prop up growth, as well as targeted monetary policy easing to support small…
China's economy is likely to rebound gradually with the government's effective measures to contain COVID-19 outbreaks and step up policy support, NBS said.
According to the plan, China will take steps to boost biotechnological innovation and accelerate the development of healthcare, bio-agriculture, bioenergy and biological…
The growth in core CPI, which excludes food and energy prices and is deemed a better gauge of the supply-demand relationship, came in at 1.1% in March, flat with the previous…