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China’s economy robust despite uncertainties caused by Ukraine crisis – state planner

People wearing protective masks visit a main shopping district in Shanghai
People wearing protective masks visit a main shopping district in Shanghai, China January 21, 2022. REUTERS/Aly Song/Files

March 7, 2022

BEIJING (Reuters) – China’s economy remains resilient despite mounting uncertainties over the Ukraine crisis, the country’s state planner said on Monday.

China will improve policy coordination and speed up the implementation of pro-growth policies, Lian Weiliang, deputy head of the National Development and Reform Commission, said at a news conference.

Beijing has targeted slower economic growth of about 5.5% for this year amid an uncertain global recovery and a downturn in the country’s huge real estate sector.

(Reporting by Kevin Yao and Stella Qiu; Editing by Tom Hogue)

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Caroline Bleakley

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