Workers clean up signboards outside a retail center in Wuhan in central China's Hubei province. China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan and Europe struggled with disease flare-ups. - AP
BEIJING, Jan 19 (Xinhua): With gross domestic product (GDP) growing by 2.3 per cent, surpassing the milestone of 100 trillion yuan (US$15.42 trillion), China's economic data in 2020 released Monday attests to the resilience and vitality of the world's second largest economy.
As the world's only major economy to post positive growth in the pandemic-shadowed year 2020, China's better-than-expected economic performance represents a major victory in the global fight against the pathogen, pumping a dose of stimulants into the global economy struggling to recover from COVID-19.
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