As the Chinese mainland prepares for the 2024 Financial Street Forum, optimism shines bright for its economic future. Richard Yetsenga, Group Chief Economist and Head of Research at ANZ Banking Group, shared insights with CGTN's Michael Wang about the robust growth prospects ahead.
Yetsenga projects a 4.9-percent growth rate for the Chinese mainland economy in 2024, highlighting the resilience and potential of the region amidst global uncertainties. \"China still holds a great economic story,\" he stated, emphasizing the strengths in its capital markets and emerging sectors.
The discussion also delved into the opportunities within China's capital markets, which Yetsenga believes are set to attract significant investments and drive further economic expansion. This positive outlook underscores the Chinese mainland's role as a pivotal player in the global economy, offering myriad opportunities for entrepreneurs, investors, and young professionals alike.
With initiatives focused on innovation, sustainability, and technological advancement, the Chinese mainland is poised to continue its trajectory of growth and influence on the world stage.
Reference(s):
ANZ Group chief economist: China still holds a great economic story
cgtn.com
