China's real gross domestic product (GDP) is projected to grow by 5.4 percent in 2023, an International Monetary Fund (IMF) statement said on Tuesday.
"The Chinese economy is on track to meet the government's 2023 growth target, reflecting a strong post-COVID recovery," read the statement made by the IMF's First Deputy Managing Director, Gita Gopinath, following a visit to China.
An IMF team, led by Sonali Jain-Chandra, Mission Chief for China, visited China from October 26 to November 7 to conduct discussions on the 2023 Article IV Consultation.