ADB projects developing Asia's growth at 4.8% in 2023 and 2024
CGTN
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The Asian Development Bank (ADB) has predicted that economic growth in developing Asia and the Pacific will reach 4.8 percent in 2023 and 2024, according to an outlook report released on Tuesday.
The ADB also raised its forecast of growth for China this year to 5.0 percent and 4.5 percent for the next year.
China on Friday vowed to clean up illegitimate enterprise-related charges and improve supervision of such fees, in its latest bid to boost business environment.