Focus on Arts and Ecology

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PBOC: It is highly probable that China will achieve positive growth in 2020

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 November 27, 2020

It will be a "high-probable event" for China to achieve positive economic growth in 2020, the central bank said on Thursday.

The People's Bank of China (PBOC) said that the world's second largest economy's economic stability, long-term improvement, and high-quality development remain unchanged, per its third-quarter monetary policy report.

China's economic recovery gathered pace in the third quarter of 2020, with GDP growth in July-September registering at 4.9 percent from a year earlier.

(Sources: The China Report)

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