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China May Grow Above 5% Next Year: Herald

CHINA PRESS
MNI (Singapore)

The Chinese economy is expected to grow slightly over 5% in 2022, with next April hitting a low point while September achieving a high point, the 21st Century Business Herald reported citing Liu Shijin, deputy director of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference. As China heads into a medium-speed growth era, new economic drivers should be developed by promoting the digital economy and green development, Liu was cited as saying. Metropolitan areas and city clusters should lead the high-quality growth and are expected to provide 70-80% of the growth momentum in the next 5-15 years, the newspaper said citing Liu.

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