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Experts: China's economy expects to pick up in 2023

By Sun Chi chinadaily.com.cn Updated: 2022-12-26
The skyline of Beijing. [Photo/VCG]

The recent Central Economic Work Conference pointed out that the foundation of China's economic recovery is not yet solid, and with the triple pressures of shrinking demand, supply shocks and weakening expectations still relatively large. The volatile external environment is having a deepening impact on the Chinese economy.

However, the conference highlighted that the Chinese economy is resilient, has great potential and is full of vitality. Various policies continue to deliver results.

What is China's economic situation expected to be like in 2023? What will be the core growth points? How can China's foreign trade continue to gain "new growth momentum" against the backdrop of increasing downside risks of the global economy? Let's take a look at what economists say.

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