Watch the highlights of AMRO’s 2023 Annual Consultation Report on China.

China’s economy grew by 5.2% in 2023 and is expected to sustain its momentum with a 5.3% growth this year. Consumption will continue to be the primary driver of growth, supported by further improvements in labor market conditions. However, China faces stiff challenges relating to real estate, population aging, high leverage, and geoeconomic fragmentation.

Given China’s sound macro fundamentals, the country should step up its efforts to pursue high-quality growth that is resilient, inclusive, and sustainable.

Learn more from AMRO’s 2023 Annual Consultation Report on China.