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China's economy is continuing steady recovery this year, says vice premier

Han also said China, the world's No.2 economy, will strengthen macro policy coordination with other countries

China, Coronavirus
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Reuters BEIJING
1 min read Last Updated : Mar 21 2021 | 6:30 PM IST

BEIJING (Reuters) - China's economy is continuing a steady recovery this year, vice premier Han Zheng said on Sunday.

Han made the remarks to the China Development Forum, a high-level business gathering hosted by the Development Research Centre of the State Council.

Han also said China, the world's No.2 economy, will strengthen macro policy coordination with other countries.

China's economy is widely expected to grow more than 8% in 2021, led by an expected double-digit expansion in the first quarter, but analysts say the pace is driven by a low base for comparison and the recovery remains uneven.

The economy expanded 2.3% last year, the only major economy to report growth, although the growth was its weakest in 44 years.

 

(Reporting by Kevin Yao, Yilei Sun and Muyu Xu in Beijing; Editing by Frances Kerry and Catherine Evans)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Chinese economyChina

First Published: Mar 21 2021 | 6:27 PM IST

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