Experts: China's economy expects to pick up in 2023

By Sun Chi | chinadaily.com.cn | Updated: 2022-12-26 06:40
Share
Share - WeChat
Robot arms make automobiles in a factory in Qingdao, East China's Shandong province on Dec 20, 2022. [Photo/Xinhua]

Wen Bin, chief economist at China Minsheng Bank

China's GDP growth is expected to be around 5.5 percent in 2023, basically with a slower growth in the early months and faster growth in the later months.

Consumption growth will face a favorable situation next year as offline and clustering consumption are expected to recover, residents' incomes growth is expected to improve, and the advantages of China's large market will become more prominent.

From the investment perspective, infrastructure investment, manufacturing investment and real estate development investment are promising in the next year.

With the gradual optimization of epidemic prevention and control measures, the stability and competitiveness of China's supply chain and industrial chain will be further improved in 2023.

|<< Previous 1 2 3 4 5 6 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US