Sunday , January 29 2023

Economists say China's growth will be 6.3% in 2019



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Stock photo of the Chinese flag near some corporate buildings in Hong Kong. July 6, 2018. Router / Bobby Yapp

China's economic growth will be 6.6 per cent this year and 6.3 per cent in 2019. Asian big business-related challenges and structural reforms will have to face. A financial analyst from Renmin University in Beijing.

The report, published by the Social Survey of Social Sciences in China on Saturday and Sunday, According to a survey conducted by 73 economists in the last month's press conference.

Beijing continues to struggle with trade with the United States.

However, the report warns that the global trade situation may be worse, even if the export growth has deteriorated and the merger with the US due to the depreciation of the currency will continue.

China's Gross Domestic Product (GDP) grew by 6.5 percent in the September quarter, and since 2009, the lowest growth has been to borrow private banks and encourage commercial banks. Measures to mitigate the financial problems of the companies.

Economists argued that China needed new round structural reforms. They predict 2019 will be critical in reconstructing the country's economy, and that it will be a long, high quality growth model in the long run.

In the next year, China will be able to conduct a remuneration in foreign trade and a 6.1 per cent increase in 2018.

In addition, the report suggests the cost of the Chinese client will increase by 9 percent next year.

Information from David Stanway; The editing was done using a Spanish called Javier Lira

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