Where is China’s economy headed? | World Economic Forum China has set ambitious goals for economic growth Experts maintain that new avenues of growth and high-quality growth will be critical for the Chinese economy Economic growth in China was a major topic of discussion at the Annual Meeting of the New Champions 2024
An expert weighs in on what the West gets wrong about China Markus Herrmann, an expert on China’s political economy, spoke with the Forum’s Radio Davos podcast ahead of #AMNC24 Herrmann, a Swiss-Chinese advisor to Western clients, interprets the political economy through a close reading of public documents and discourse It’s a practical approach to breaking down barriers at time of heightened
China on track for growth target and other economics stories China's growth is good news for the global economy In 2023, China accounted for around 30% of global growth, Peng Sen, President of the China Society of Economic Reform, told the AMNC's China Economic Outlook session
8 things you need to know about China’s economy By 2030 China is expected to be the world’s largest economy once again As the overview shows, obstacles await, such as facilitating domestic consumption and lower savings, reducing debt levels, reforming the SOE sector and realising a balanced and healthy rise in prosperity with growing living standards for all
Chinas economic growth story recapped | World Economic Forum China’s economy has remained open to free markets and trade for decades now, to varying degrees China was eager to finally enter the World Trade Organization in 2001 , because it meant access to new trade partners, better deals with existing partners, and a chance to dramatically improve its standard of living
China at Davos 2025: Continuing importance to global growth China's economic transformation and its evolving role in the global economy emerged as strong themes at Davos 2025, with discussions highlighting both the challenges and opportunities ahead as the world's second-largest economy pursues high-quality development amid heightened geopolitical tensions
US-China trade framework agreed and other trade news to know The ASEAN Digital Economy Framework Agreement (DEFA) is intended as a new strategic roadmap for the region to address the complexities and opportunities of the digital economy The world’s first region-wide digital economy agreement, it would harmonize digital trade rules and unlock the region's potential
Top economy news: Chinas GDP forecasts raised by IMF | World Economic . . . It now expects China's economy to grow by 5 4% this year, up from its previous forecast of 5% However, the IMF also warns of slower growth next year, projecting that China's GDP will expand by 4 6% in 2024 – up from a 4 2% forecast in October – due to weakness in the property sector and subdued export demand
3 reasons to take the long view on China | World Economic Forum China's 2023 growth forecast has improved, bucking recent scepticism about the country's prospects Its economy will be driven by the key areas of innovation, green tech and capital markets Shrewd policy is shaping this economic growth and consolidating China's status as global powerhouse