Chinese vice premier says China’s economy will improve in 2023

Chinese Vice Premier Liu He who attended the 2023 annual meeting of the World Economic Forum (WEF) in Davos, Switzerland. On Tuesday (Jan. 17), China’s economy will improve significantly this year. China’s economic growth tends to return to normal.

China’s gross domestic product (GDP) rose from 54 trillion yuan (about 263.62 trillion baht) to 121 trillion yuan, and the average life expectancy increased from 74.8 to 78.2 years, Liu said. contributed 36% of global growth over the past 10 years.

In addition, Liu stressed that China has always taken into account in creating success, which is divided into five factors:

First, China must always put economic development as its primary mission and center.


Second, China must always make the establishment of a socialist market economy the direction of reform.


Third, China must always promote inclusiveness.


Fourth, China must always uphold the rule of law.


Fifth, China must pursue innovation-driven development.

These are the important experiences China has learned and gained since the beginning of reform and opening-up, Liu said. China will steadfastly uphold these and its commitments.

Source/image: Xinhua news agency