China economy grew about 5.2pc in 2023: Premier
Premier Li Qiang said on Tuesday the country's economy was expected to have grown by about 5.2 percent in 2023, as he addressed an annual meeting of global elites in Davos. Li said in a keynote speech to business leaders at the World Economic Forum that the nation’s economy had rebounded and moved upward. "Our GDP growth is expected to be around 5.2 percent, higher than the target of around five percent that we set at the beginning of last year," Li said. He noted that China's economy was making steady progress, could handle ups and downs in its performance and would continue to provide global impetus, adding that its overall trend of long-term growth would not change. "No matter how the world situation changes, China will adhere to its basic national policy of opening up to the outside world," Li said. He added that "the door to opening up will only get wider and wider". "Choosing the Chinese market is not a risk but an opportunity.” In his speech, Li also condemned "barriers" to green and tech trade. The Premier said "new discriminatory trade and investment measures" have been appearing every year and that "any obstacles or disruptions can slow down or block the flow of lifeblood of the world economy". (Reuters/AFP)