China economists expect 5.4% GDP growth in 2023: survey

Outlook upgraded on consumption recovery, exceeding Beijing's 5% target

20230406 China consumption recovery

Some economists are concerned that the recovery in consumption will slow down and hit overall growth this year.  © Reuters

KENSAKU IHARA and FRANCES CHEUNG, Nikkei staff writers

HONG KONG -- The Chinese economy this year is expected to grow faster than previously forecast and exceed the government's target of "around 5%," according to a survey of local economists.

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