China Set to Reach 2023 GDP Goal as Focus Shifts to New Year

  • Gross domestic product likely expanded 5.2% last year: survey
  • ‘Decisive’ policy actions needed to boost property: Macquarie

A pedestrian along a bridge passes buildings in Pudong's Lujiazui Financial District in Shanghai, China.

Photographer: Qilai Shen/Bloomberg
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China’s set to publish the last major data dump for 2023, capping a difficult year after its emergence from Covid Zero and shifting the attention to whether it can sustain momentum this year.

The figures for gross domestic product, industrial production and retail sales are likely to show improvements from the same period in 2022, helped by a low base of comparison when pandemic restrictions hampered economic activity.