What is the macroeconomic situation of China in 2022?

China's economic situation will improve in 2023.

The international environment is complex and severe, and China is also facing the challenges of frequent epidemics and extremely high temperature weather. China's sustained economic recovery has once again shown strong resilience.

Affected by the COVID-19 epidemic, the global supply chain faces the risk of interruption from time to time, while China's exports show great resilience. The latest survey by the People's Bank of China shows that consumers' confidence in current income and future employment has increased, but it is still far below the pre-epidemic level.

It is predicted that GDP growth of most major cities in China will pick up in 2023, which will lead Shanghai in economic recovery, and Beijing's economic performance will also improve slightly. In 2022, Changsha will become the city with the strongest macro performance in China.

Future outlook:

In the context of the slowdown of global economic growth in 2023, investors still face challenges such as market volatility and tight liquidity, and maintain long-term investment and diversified investment. At the same time, most institutions are still optimistic about the China market, especially in the fields of consumption and high technology. There are structural investment opportunities that investors can pay attention to.