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.

Fidelity China Special Situations PLC (LON:FCSS), the UK’s largest China Investment Trust, capitalises on Fidelity’s extensive, locally-based analyst team to find attractive opportunities in a market too big to ignore.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Fidelity China Special Situations

More articles like this

Fidelity China Special Situations

Chinese markets rebound as risk sentiment warms

Mainland Chinese equities broke a three-day losing streak on Monday, nudging higher as market sentiment stabilised and policymakers reiterated commitments to openness. With investors weighing geopolitical headwinds and potential policy relief, selective strength across sectors hinted

Fidelity China Special Situations

China’s stock market thrives despite Trump’s tariff barriers

China’s stock market is defying global anxiety over President Trump’s tariff policies, experiencing robust gains even as Asian peers falter. With key indices like the SZSE Component and CSI 300 rallying impressively, investors are keenly watching

Fidelity China Special Situations

Chinese tech stocks rally on AI gains

Chinese equities in Hong Kong are outperforming, driven by tech giants like Alibaba and Semiconductor Manufacturing. Strong potential and innovation make them a compelling investment.

Fidelity China Special Situations

China’s stock gains in AI and chips

China’s stock markets surge on strong AI and semiconductor gains, contrasting Hong Kong’s struggles with US sanctions. Fidelity’s FCSS seeks opportunities amidst the volatility.

Fidelity China Special Situations

Stocks surge in China on positive economic developments

Stocks in China and Hong Kong experienced a notable rebound on Wednesday, as investor sentiment was buoyed by encouraging reports. A Reuters article revealed that China is preparing for a record budget deficit for 2025, alongside

Fidelity China Special Situations

China’s policy shift sparks market rally

Stocks surged and China’s government bonds saw a significant rally after the Politburo indicated a change in its monetary policy, signalling further easing measures in the near future, similar to strategies used during past crises. The