1 Mixed Economic Performance
China’s economic output for 2022 is expected to exceed 120 trillion yuan ($17.2 trillion), Han Wenxiu, Executive Deputy Director of the Office of the Central Committee for Financial and Economic Affairs, said at a think-tank forum in Beijing on December 17. Though the growth rate is likely to undershoot the target set at the beginning of the year, many other development goals can be accomplished, he added.
The country has announced measures to stabilize its economy in response to challenges posed by domestic COVID-19 flareups and a complex global environment. At the end of May, the authorities unveiled a policy package containing 33
