
IMF Reports China’s Economy Rebounds in 2023, Achieving 5% Growth Target
The IMF reports China’s economy rebounded in 2023, achieving a 5% GDP growth aligned with targets, driven by strong domestic demand and supportive policies.
News & Insights Across Asia
The IMF reports China’s economy rebounded in 2023, achieving a 5% GDP growth aligned with targets, driven by strong domestic demand and supportive policies.
China witnessed over 7.2 billion inter-regional trips during the Spring Festival travel rush, marking a 10.6% increase from last year and signaling a strong rebound in domestic travel.
A global poll shows overwhelming confidence in China’s economic strength as consumption during the Spring Festival surpasses pre-pandemic levels, signaling a robust recovery.
China’s Spring Festival travel rush sees millions journeying home, showcasing national unity and signaling strong economic resilience amidst global attention.
China’s domestic tourism flourished during the New Year holiday, with over 135 million trips made and revenue soaring, surpassing pre-pandemic levels and signaling a strong recovery in the sector.
China’s economy in 2023 has maintained steady growth despite global challenges, showcasing resilience and offering insights into future development opportunities.
At the APEC CEO Summit in San Francisco, Korean scholar Pil Hwa Yoo emphasizes the need for global cooperation to address challenges like economic recovery, climate change, and aging populations.
Sri Lankan President Ranil Wickremesinghe discusses how China’s Belt and Road Initiative could revitalize Sri Lanka’s economy amid debt restructuring and addresses allegations of “debt-trap diplomacy.”
Nearly 700 global financial leaders convene in Shanghai for the 2023 Bund Summit from September 22–24 to explore pathways to economic recovery and sustainable growth.
The G20 Summit concluded with geopolitical tensions overshadowing the critical agenda of global economic recovery, as world leaders grappled with diplomatic frictions instead of focusing on collaborative strategies.
Experts at the Bund Summit discuss how technological innovations and international cooperation can transform industries, promote sustainable development, and guide the global economy toward shared prosperity.
As China eases COVID-19 measures, a surge of Chinese tourists is breathing new life into Thailand’s tourism sector, with local businesses eagerly anticipating a return to pre-pandemic levels.
Shanghai’s shopping centers are bustling again as 2023 approaches, signaling a return to vibrant city life and economic recovery.
China’s optimized COVID-19 measures are offering residents more certainty and hope for economic rebound, as witnessed by Shanghai resident Steven Back.
Lhasa, capital of Tibet Autonomous Region, returns to bustling life as COVID-19 restrictions ease, with bazaars and public spaces filled with activity following the central government’s optimized measures.
Chongqing witnesses a rapid return to normalcy as China eases COVID-19 measures, with major industries resuming production and city landmarks buzzing with life.
As Beijing eases COVID-19 measures, the city witnesses a vibrant resurgence, highlighting its enduring vitality and charm.
Guangzhou lifts COVID-19 restrictions, leading to the reopening of restaurants and public venues. Residents embrace the return of dine-in services as the city resumes work and production.
Guangzhou, China’s southern metropolis, is bustling again as COVID-19 restrictions ease, signaling a hopeful turn towards normalcy and economic revival.
Beijing residents return to indoor dining as the city lifts COVID-19 restrictions, signaling a hopeful step towards normalcy for businesses and communities.