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China’s crucial middle class, an oft-cited group of 400 million, may shrink in the absence of a strong economic recovery.
As hefty debt burdens weigh down local governments, the central authorities seem poised to stimulate infrastructure spending through a variety of actions.
BEIJING: China is able to achieve economic growth of 5 per cent in 2024, Wang Yiming, a policy adviser to the central bank, said on Tuesday (Dec 19). China's economy is likely to grow 5 per cent next year, if investment rises 4-5 per cent, consumption rises 6-7 per cent, and exports return to growth, Wang
BEIJING :China is able to achieve economic growth of 5per cent in 2024, Wang Yiming, a policy adviser to the central bank, said on Tuesday.China's economy is likely to grow 5per cent next year, if investment rises 4-5per cent, consumption rises 6-7per cent, and exports return to growth, Wang told an economic
Graphics: What can be expected from China's economic work conference?