Business leaders upbeat about China’s outlook

In its government work report, China unveiled an around 5% expansion target for the Chinese economy this year. — Reuters

BEIJING: Economic experts and business leaders showed optimism on China’s economic growth outlook in 2023 at the just-concluded China Development Forum or CDF 2023, saying that China is a major driver of the global economy and a reliable supplier for industrial and supply chains.

In its government work report, China unveiled an around 5% expansion target for the Chinese economy this year.