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China will contribute about one-third of global economic growth: estimates

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this year In the first quarter of 2018, the main indicators of the overall economy in China will be released. The Chinese economy is full of vitality. This year, supported by a number of policies, the construction of projects in various regions of China is booming. According to data from the State Bureau of Statistics, the investment of public facilities management business in China increased by 11.2 percent in January and February. Investment in road transport and railway transport increased by 5.9 percent and 17.8 percent, respectively.

Apart from investment, consumption also plays an important role in increasing domestic demand. According to statistics, the busyness of business districts in China has been increasing since this year. Tourism consumption also remained high. The Chinese Ministry of Commerce estimates that the recovery in the consumption market will continue as the consumption promotion policy is implemented and the supply structure improves. The International Monetary Fund estimates that on the back of a strong economic recovery, China will contribute nearly a third of world economic growth this year and boost the world economy.

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