China should work quickly to raise the economy from its recent decline and aim for at minimum 5% growth in the China GDP in 2023.

China can “largely or completely get rid of the implication of the pandemic in first half of next year” 

According to Liu, a prolonged slump will harm productivity. The yuan exchange rate, even cities that were shut down endured long-lasting economic harm.

Since it will be challenging for growth to achieve that level this year. The nation should strive for an annual Gdp growth rate of 5% for the years 2022–2033, according to Liu.

Risk of Current Economic Growth In wake of the severe slowdown in economic growth and experts balloted by prediction of just 3.3% for the year. 

At the Caixin conference, a number of additional economists having connections to the state’s pushed the government must address the weak growth.

The Chinese People’s Political Consultative Conference. The biggest risk to current economic development is that the growth rate is too slow according to Yang.