China’s economy to see significant improvement in 2023

The Chinese economy will see a significant improvement this year, and its growth will most likely return to its normal trend, Chinese Vice Premier Liu He said Tuesday at the World Economic Forum Annual Meeting 2023.

Over the past 10 years, China’s gross domestic product grew from 54 trillion to 121 trillion yuan; average life expectancy rose from 74.8 to 78.2 years; and contribution to global growth reached around 36 percent, Liu said, underlining that there are five things that China always bears in mind in making such achievements.

First, China must always take economic development as the primary and central task.

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