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Why China's economy still engine for global recovery in 2022

Economy
China secured a stable recovery and progressed in high-quality development in 2021. Now with the new year dawning, many experts believe that the world's second-largest economy will continue to seek greater synergy among global economies.

XinhuaUpdated:  January 11, 2022

China secured a stable recovery and progressed in high-quality development in 2021.

Now with the new year dawning, many experts believe that the world's second-largest economy will continue to seek greater synergy among global economies.

According to the World Bank's prediction, China's real GDP growth will reach 8 percent in 2021 and moderate mildly to a still-solid 5.1 percent in 2022.

The IMF has also predicted China's economy will grow 8 percent in 2021, and 5.6 percent in 2022.

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