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China’s GDP to grow by 5.4 percent in 2023: IMF

This photo taken on Feb. 17, 2023 shows robot arms working on the production line at a glass factory in Jiamusi, northeast China’s Heilongjiang Province. (Xinhua/Wang Jianwei)

BEIJING: China’s real gross domestic product (GDP) is projected to grow by 5.4 percent in 2023, an International Monetary Fund (IMF) statement said on Tuesday.

“The Chinese economy is on track to meet the government’s 2023 growth target, reflecting a strong post-COVID recovery,” read the statement made by the IMF’s First Deputy Managing Director, Gita Gopinath, following a visit to China.

An IMF team, led by Sonali Jain-Chandra, Mission Chief for…

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