Mar 15, 2022 (Tue) - 12:00 - 1:00 PM
At the annual Central Economic Work Conference held in December last year, policy makers cautioned that China's economic development is facing downward pressure from demand contraction, supply shocks and weakening expectations, in addition to uncertain external environment.
The World Bank forecasts China's economy will grow at 5.1% in 2022, a slight decrease from previous data. The projected slower growth rate can be attributed to several factors including less favorable export market, economic disruption caused by the COVID-19 Omicron variant, central government's deleveraging campaign, etc.
Against this background, what should we anticipate the direction of China's economic policy making and the impact on business operation? What will be the key takeaways from this year's Two Sessions?
We are delighted to have invited Tao Wang, an expert economist on China, to unpack the current economic situation in China and offer outlook for the future development.