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MNI INTERVIEW: China Exports To Grow In 2024 - Advisor

MNI (BEIJING)
MNI (Beijing)

China's trade performance should return to pre-pandemic levels this year despite Western allegations of overcapacity, an NDRC economist tells MNI.

China’s trade should recover to pre-pandemic trends of single digit growth in 2024 driven by export demand for new manufactured goods, following flat results last year and despite western “overcapacity” accusations, a senior policy advisor to the National Development and Reform Commission told MNI.

Exporters this year will benefit from favourable tailwinds including the continued international recovery and growth with Association for Sea East Asian Nation (ASEAN) and Belt and Road Initiative countries, said Wu Sa, deputy-director of the Economics Institute at the Academy of Macroeconomic Research, a think tank with a focus on development issues under the National Development and Reform Commission.

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China’s trade should recover to pre-pandemic trends of single digit growth in 2024 driven by export demand for new manufactured goods, following flat results last year and despite western “overcapacity” accusations, a senior policy advisor to the National Development and Reform Commission told MNI.

Exporters this year will benefit from favourable tailwinds including the continued international recovery and growth with Association for Sea East Asian Nation (ASEAN) and Belt and Road Initiative countries, said Wu Sa, deputy-director of the Economics Institute at the Academy of Macroeconomic Research, a think tank with a focus on development issues under the National Development and Reform Commission.

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