Geared for Growth: China to see consumption back to pre-pandemic levels in 2023

Geared for growth: china to see consumption back to pre-pandemic levels in 2023

CGTN published this video item, entitled “Geared for Growth: China to see consumption back to pre-pandemic levels in 2023” – below is their description.

For more:

https://www.cgtn.com/video

One can expect consumption in China to return to pre-COVID-19 levels next year, Ding Shuang, chief economist for Greater China and North Asia at Standard Chartered Bank, tells CGTN. And such an expectation is fully justified, he says, as consumption contributed over 65% of the GDP growth in the year of 2021, when the economy rebounded quickly from the shock from the pandemic the previous year.

CGTN YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

Recent from CGTN:

Wild Yellow River Series | Episode 2: Plateau funeral

3 killed, 4 injured in shooting in Beverly Hills, California: report

Teachers, public school workers march in Portugal to demand higher wages

In This Story: COVID-19

Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

Symptoms of coronavirus

The main symptoms of coronavirus are:

  • a persistent new cough (non productive, dry)
  • a high temperature (e.g. head feels warm to the touch)
  • shortness of breath (if this is abnormal for the individual, or increased)

Latest News about Covid-19

Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

5 Recent Items: COVID-19

Trump takes aim at DeSantis in first major campaign swing

China continues to push for ICU beds for severe COVID cases

Retirement planning is ‘an area all generations can improve’ on: Expert

Our world: Post-pandemic

Rajiv Biswas: Huge rebound in economic activity expected in China

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.