BEIJING: China’s efforts to stimulate economic growth in 2021, including an expected stronger momentum in foreign trade, will continue contributing to global economic recovery and help stabilize global industrial chains amid the lingering fallout of the Covid-19 pandemic, officials and experts said.
The comments came as the world’s second-largest economy is forecast to see around 2 percent GDP growth in 2020 on the back of reviving consumption, manufacturing investment and resilient exports. These positive factors are expected to continue driving China’s economic expansion in 2021, experts added.