GDP growth in China to reach 8.3 percent

xizhimen

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GDP growth in China to reach 8.3 percent


6/26/2021 3:42:58 AM

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( MENAFN )A report from Reuters announced that S&P Global Ratings stated China's ratings at A+/A-1 with a steady prediction.

It also stated that China is estimated to keep above-average economic expansion relative to other middle-income economies in the upcoming years.

On Friday, S&P declared in a note, "This is in part due to its effective containment of the COVID-19 pandemic and rapid vaccine rollout."

Moreover, the note stated "We expect real GDP growth to come in at 8.3 percent this year, before moderating to about 5 percent from 2022-2024."

 
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