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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
In a recent interview with CGTN, Li Daokui, director of the Academic Center for Chinese Economic Practice and Thinking at Tsinghua University, provided an optimistic forecast for China's economic future. Dispelling notions of an imminent economic peak for China, Li emphasized the nation's remarkable economic fundamentals, including a robust 45 percent savings rate that is ripe for investment. He also underscored the critical role of China's extensive research and development capabilities, bolstered by the largest R&D workforce globally, and the unparalleled size of its consumer market. With these factors in play, Li anticipates a promising growth rate for China's GDP, estimating it to be within the range of 5.7 to 5.8 percent in 2024.