China's Central Bank Chief Optimistic about Economic Growth
Date: 2023-11-28 Author: Dima Zakharov Categories: ECONOMY
Economic Resilience and Innovation
Pan Gongshen is confident that China will experience healthy and stable growth in 2024 and the coming years. He emphasized that China's economy will maintain high resilience due to its robust attributes. These include a capacity for innovation, a vast market, excellent infrastructure, well-organized industrial chains, and a well-educated workforce.
Focus on Economic Restructuring
According to Pan, there is a need to concentrate on improving the economic structure and forming new growth drivers to expedite the lengthy and intricate process of economic transformation. The central bank of China will continue to implement a more lenient monetary policy to support the economy.
Hong Kong's Role in Global Finance
Pan highlighted the role of Hong Kong as one of the world's major international financial centers. He expressed the belief that, with its strengths, favorable political environment, and talented workforce, Hong Kong's status as an international financial hub will further strengthen.
Pan Gongshen is confident that China will experience healthy and stable growth in 2024 and the coming years. He emphasized that China's economy will maintain high resilience due to its robust attributes. These include a capacity for innovation, a vast market, excellent infrastructure, well-organized industrial chains, and a well-educated workforce.
Focus on Economic Restructuring
According to Pan, there is a need to concentrate on improving the economic structure and forming new growth drivers to expedite the lengthy and intricate process of economic transformation. The central bank of China will continue to implement a more lenient monetary policy to support the economy.
Hong Kong's Role in Global Finance
Pan highlighted the role of Hong Kong as one of the world's major international financial centers. He expressed the belief that, with its strengths, favorable political environment, and talented workforce, Hong Kong's status as an international financial hub will further strengthen.
