News
CHN | Apr 12, 2023

IMF projects China’s economy to grow 5.2% in 2023

/ Our Today

administrator
Reading Time: < 1 minute

The International Monetary Fund (IMF) projected on Tuesday (April 11) that China’s economy will grow 5.2 per cent in 2023 and 4.5 per cent in 2024.

“As COVID-19 waves subsided (in China) in January of this year, mobility normalised, and high-frequency economic indicators, such as retail sales and travel bookings, started picking up,” the IMF said in the newly released World Economic Outlook report.

“The reopening and growth of its economy will likely generate positive spillovers, with even greater spillovers for countries with stronger trade links and reliance on Chinese tourism.”

Comments

What To Read Next

News JAM Dec 10, 2025

Reading Time: 3 minutesMinister of Science, Energy, Telecommunications, and Transport Daryl Vaz has provided a sweeping update on the nation’s post-Hurricane Melissa recovery efforts, confirming the restoration of normal operations across critical sectors, including a stable fuel supply at Petrojam, the successful facilitation of over 3,000 flights at the airports, and the reopening of key national transportation corridors.

Vaz said in regards to Petrojam, the country’s fuel supply remains stable and secure, with the Kingston industrial loading rack resuming operation within 48 hours of Hurricane Melissa.

News JAM Dec 10, 2025

Reading Time: 2 minutesMinister of Science, Energy, Telecommunications, and Transport Daryl Vaz announced that additional support through the National Energy Poverty Reduction Project is underway for persons impacted by Hurricane Melissa.

“I want to speak to the government’s targeted support for vulnerable households. Some of the previously allocated one billion dollars under the National Energy Poverty Reduction Project will be used to assist families severely impacted by Hurricane Melissa.”