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China Daily / 2024-06 / 24 / Page001

Economy to stay on upward trajectory amid headwinds

By Wu Yong in Dalian, Liaoning Province,Cheng Yu and Li Jiaying in Beijing | China Daily | Updated: 2024-06-24 00:00
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China's economy will maintain its upward growth trajectory this year amid rising trade protectionism and economic uncertainties, with huge potential in rural consumption, manufacturing and opening-up to be further tapped, according to the World Economic Forum.

Chen Liming, chair of Greater China at the WEF, a Switzerland-based international organization, said that China's positive economic outlook remains unchanged in the long term, given the country's massive market advantage, rich talent pool and complete and stable industrial chain.

"China remains a massive consumer market where regional and rural development represent huge opportunities. The country's production and manufacturing systems are still upgrading, which also represents further significant growth," Chen told China Daily in an exclusive interview.

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