Economic activity bounced back in Q1 2023 with the removal of mobility restrictions and a surge in spending on services, but growth momentum has slowed since April. GDP expanded by 4.5 percent y/y in the first quarter of 2023, up from 3 percent y/y in 2022. The recovery in the first quarter was spurred by the release of pent-up consumer demand, some improvement in housing sector activity, and policy support. However, growth momentum has slowed since...
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2023/06/01
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Report
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183583
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1
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2023/06/30
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Disclosed
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China Economic Update : Sustaining Growth Through the Recovery and Beyond – Fiscal Policy for Inclusive Growth
Citation
Chowdhury,Ibrahim Saeed; Li,Yusha; Ge,Jun; Mileva,Elitza Alexandrova; Tiwari,Sailesh; Fraccaroli,Nicolo; Stapleton,Katherine Anne; Montalva Talledo,Veronica Sonia; Hill,Samuel Christopher; Li,Jingyu; Zhao,Min; Lugo,Maria Ana; Alawode,Abayomi A..
China Economic Update : Sustaining Growth Through the Recovery and Beyond – Fiscal Policy for Inclusive Growth (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099062923222051952