China's economy to grow by 5% this year

11:00 - 14.04.2023


April 14, Fineko/abc.az. Governor of the People's Bank of China Yi Gang has disclosed some details.

ABC.AZ reports that Yi Gang, the Governor of the People's Bank of China, stated during his speech at the meeting of finance ministers and heads of central banks of the G20 in Washington, DC, that China's economy will grow by about 5% this year.

According to Gang, China's economy has stabilized and recovered. He also noted that inflation remains at a low level. Gang also noted that China is ready to work with other countries within the framework of debt relief.