The bank's pre-break forecasts pointed to a 6.1 percent boom this year, but following a cautious look due to the persistence of the complexities, risks and challenges facing the nation, and suggested focusing on stabilizing the economy.
Meanwhile, economist Liu Xuezhi warned that China would only achieve a 5.3 point GDP growth, then its contribution to global growth would drop from 30 to 20 percent and it would be a major blow to the entire planet.
China's GDP in 2019 grew by 6.1 percent, a figure in line with the range of expansion expected in the midst of a tough year due to the intensification of the trade war with the United States, but it is slowest growth since 1990.
According to a World Bank survey, the pace will drop to 5.9 percent this year and 5.8 percent in 2021 due to the growing influence of domestic and external factors.
- Countries: None
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