Growth momentum needs financing, housing, consumption – Opinion

A COMAC C919 performs at an airshow in Singapore, on Feb 20, 2024. [Photo/Xinhua]

As the world grapples with the changing economic landscape, China is pursuing healthy, high-quality economic development amid rising challenges while trying to maintain stability. The central leadership”s vision of “pursuing progress while maintaining stability” has become the guiding principle for economic recovery.

According to economics theory, GDP is the sum of investments, consumption and net exports, and to pursue “progress while maintaining stability”, China has to ensure sustained growth in these key areas despite several destabilizing factors, including…

Source link

Leave a Comment