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China expected to boost world economic recovery in 2023

Given the resilience and potentials of its economy, analysts believe China will continue to be a reliable and important driving force of global economic growth in 2023. This year, in the face of multiple challenges, China has maintained the overall stability of its economy by effectively coordinating COVID-19 policy with economic and social development, and introducing a series of stimulus packages to support enterprises, stabilize consumer prices, and boost the confidence of global investors. The annual Central Economic Work Conference held in Beijing from Thursday to Friday noted that China's economic performance in 2023 is expected to witness an overall recovery and improvement. OUTLOOK OF FAST GROWTH Elaborating on the fiscal and monetary, industrial, science and technology, and social policies for 2023, the Central Economic Work Conference put economic stability a top priority and demanded pursuing steady progress while ensuring economic stability for the next year. China has ....

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