BEIJING: The Chinese economy is likely to witness normal growth next year, as the economic effect of the Covid-19 pandemic may diminish and the government will continuously to boost domestic demand, support innovative development and improve the business environment, experts said.
The BoC Research Institute, established by Bank of China Ltd, expects China’s GDP to grow by around 7.5% on a yearly basis in 2021, up from around 2.1% expected this year.
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