China’s economy will post strong growth in 2021. Assuming the continued suppression of COVID-19 (coronavirus), growth is projected to reach 8.5 percent this year before slowing to 5.4 percent in 2022, as low base effects dissipate, and the economy returns to its pre-COVID trend growth. The structure of aggregate demand is expected to continue to rotate toward private domestic demand. Real consumption growth is projected to gradually return to its...
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2021/06/28
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Economic Updates and Modeling
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161266
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1
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1
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2021/07/01
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Disclosed
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China Economic Update : Beyond the Recovery : Charting a Green and Inclusive Growth Path
Citation
China Economic Update : Beyond the Recovery : Charting a Green and Inclusive Growth Path (Chinese). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/776341625170804017