fbpx

Type to search

Policy Easing Is Key to Economic Growth – China Daily

The growth rate of the world’s second-largest economy is projected to moderate to 5.1% in 2022, after achieving 8% this year, as predicted, due to a low base


China
An employee works on the production line of electric vehicle (EV) battery manufacturer Octillion in Hefei, Anhui province. Photo: Reuters.

 

China’s economic growth momentum will pick up next year, supported by a moderate policy easing, and rebalancing will become more significant as the country’s development shifts toward a high-quality model, the World Bank said on Wednesday.

The growth rate of the world’s second-largest economy is projected to moderate to 5.1% in 2022, after achieving 8% this year as predicted due to a low base, according to the bank’s China Economic Update report.

Read the full report: China Daily.

 


 

READ MORE:

 

China Calls Views On Monetary Policy Moves ‘Too Simplistic’

 

CCP suggests common prosperity agenda will be central

 

China State Planner Says Economic Growth Will Be Stable

 

 

Tags:

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

logo

AF China Bond