China’s economy to return fast to potential growth, says central bank

Customers buy vegetables at a market in Beijing in this 2019 file photo. (AFP/-)

BEIJING, March 23, Bloomberg -- China’s economy will swiftly return to its potential growth rate and there’ll be significant improvement in the coming three months, a senior central bank official said Sunday.

“Economic indicators will likely show significant improvement in the second quarter and the Chinese economy will return to potential output level rather swiftly, ” People’s Bank of China Deputy Governor Chen Yulu told reporters in Beijing.