A man walks past the headquarters of the PBOC, the central bank, in Beijing
BEIJING: China is expected to lead the global economic recovery next year, with major economic organisations and economists projecting a robust performance by China’s economy and foreign businesses remaining committed to the Chinese market.
With the country having adopted effective measures to put the Covid-19 pandemic under control and its economy continuing to bounce back in recent months, the organisations and economists have expressed confidence in a stronger economic performance from China, which will inject key momentum into the global recovery and growth next year.
A meeting of the Political Bureau of the Communist Party of China Central Committee, the Party’s core leadership, underlined the need to maintain economic growth within a reasonable range, adhered to the strategy of expanding domestic demand and pursue a higher level of opening-up.
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