Policymakers have been trying to talk up market sentiment in recent months, but the rapid spread of the coronavirus and the pandemic’s scars on household and business finances have cast a shadow over the economy. Source: Bloomberg
Policymakers have been trying to talk up market sentiment in recent months, but the rapid spread of the coronavirus and the pandemic’s scars on household and business finances have cast a shadow over the economy. Source: Bloomberg
China's economic recovery
Economy /  China Economy

China to boost spending in 2023 economic revival drive, top planner says

  • Senior economic official Zhao Chenxin says expansion of consumption will be a priority in the push to lift overall demand
  • Property and internet companies will get support, as will shopping centres

Frank Tang
Frank Tang in Beijing

Updated: 4:48pm, 2 Jan, 2023

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Policymakers have been trying to talk up market sentiment in recent months, but the rapid spread of the coronavirus and the pandemic’s scars on household and business finances have cast a shadow over the economy. Source: Bloomberg
Policymakers have been trying to talk up market sentiment in recent months, but the rapid spread of the coronavirus and the pandemic’s scars on household and business finances have cast a shadow over the economy. Source: Bloomberg
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