Wallstreetcn
2024.10.18 15:41

Multiple international institutions positively evaluate China's economic performance in the first three quarters

Several international institutions have given positive evaluations of China's economic performance in the first three quarters of this year. Against the backdrop of continuously strengthening expectations for the improvement of China's macroeconomic fundamentals, more and more foreign institutions are increasing their allocation to Chinese assets. In addition to the recent introduction of incremental financial policies, Morgan Stanley's chief economist highlighted the remarkable performance of high-tech and equipment manufacturing exports in the first three quarters of this year. Furthermore, in the consumer sector, PwC pointed out that in the first three quarters of this year, the Chinese consumer market saw rapid growth in sales of new energy vehicles, household appliances, and other products supported by the "dual circulation" policy. (CCTV Finance)