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[Major event website] [World Side] Foreign media: China will speed up the economic recovery in 2024

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China Daily News on January 2 Reuters mentioned in recent reports that in recent months,爆炸新闻 the Chinese government has announced a series of measures to boost the recovery of China's economy after the epidemic.Analysts predict that China's economic growth will reach about 5%in 2023.

A number of senior experts also said that with the increase in macroeconomic policy support and the continuous deepening of industrial upgrading, with the further recovery of domestic demand, China's economy will maintain strong and stable growth in 2024.

Wang Yiming, deputy director of the China International Economic Exchange Center, pointed out that China's consumption expenditure in 2024 is expected to further expand on the basis of 2023.In the first three quarters of last year, the contribution rate of final consumption expenditure to economic growth reached 83.2%.

Wang Yiming also said that it will support the continuous recovery of consumption expenditure will be the accelerated development of new consumption forms, including the digital economy, green industry, medical care and smart home furnishings.With the stabilization of economic stability, people's income and expectations, traditional consumption fields such as automobiles and electronic products are also expected to usher in recovery, and policy measures will also promote economic recovery.

Zhang Xiaoqiang, executive vice chairman of the China International Economic Exchange Center, believes that striving to promote the modern industrial system helps to form a virtuous circle between consumption and investment, and China's increasingly diverse export market and the advantages of exports that are constantly emerging in the new energy field will have the advantage of will.Helps offset the coldness of global demand.

He also believes that China has the ability to achieve about 5%of economic growth in 2024 and maintain a momentum of high -quality development.

The Central Economic Work Conference held in December 2023 made a comprehensive system deployment of the overall requirements, development goals, policy orientation, and key tasks of China's economic work in 2024.The meeting proposed that "focus on expanding domestic demand. It is necessary to stimulate potential consumption, expand beneficial investment, and form a virtuous circle of consumption and investment mutual promotion."

In 2023, the Chinese economy returned to normal from the impact of the epidemic and achieved a rebound. In the first three quarters, the total domestic product value increased by 5.2%year -on -year.


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