Forum: Chinese economy outlook 2023 – Opinion

An employee works at a plant in Xiaoshan district of Hangzhou, Zhejiang province, on June 27. [Photo/Xinhua]

Editor”s note: China will strive to make new strides in economic development in 2023, with measures to take new steps in reform and opening-up, achieve new progress in building an ecological civilization, and boost the well-being of people, among others. Four experts share their views with China Daily.

 

China needs to fuel recovery in 2023

By Dan Steinbock

After a tough 2022, China will move toward recovery in 2023, amid stagnation in the US and deep recession in the eurozone.

Battered by domestic challenges and disruptive external headwinds, the Chinese economy has coped with a tough year. The lockdown of Guangzhou’s transportation hub, and the latest wave of novel coronavirus cases in Beijing and other major cities highlight the most recent challenges.

And if it’s been a hard year for China, it’s…

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