Chinanews.com, December 22, title: The agency predicts that China's economic growth will be around 5% next year
China-Singapore Finance and Economics reporter Zhang Wenhui
Dagong International, a credit rating agency, predicts that next year China’s macroeconomic policies will focus on expanding domestic demand, stabilizing employment, preventing risks, and promoting growth. The annual economic growth will be around 5%. Or it is expected to achieve a higher level.
On December 21, Dagong International 2023 Credit Risk Outlook Online Forum was held.
The forum conducted a systematic review of China's macro economy and bond market in 2022, jointly studied and judged the economic development trends and trends in 2023, and explored the risks and opportunities facing the bond market.
It also conducts in-depth discussions and judgments on the credit risks of hot industries such as urban investment, industrial bonds, inclusive and green finance, asset securitization, and green bond markets.
Lu Bole, Secretary of the Party Committee and Chairman of Dagong International, pointed out in his speech that under the escort of a package of policy measures to stabilize economic operation and a series of subsequent measures, the overall economy is showing a weak recovery trend, and he firmly believes that China's economy will achieve higher-quality development in 2023 .
As a rating agency controlled by a state-owned enterprise, Dagong International has always been committed to obeying and serving the national strategy, and strives to play the role of a "national team in the rating industry" in the development of the national economy and the operation of state-owned capital.
When talking about China's macro economy, Ying Haifeng, deputy secretary of the party committee and president of Dagong International, said that looking forward to 2023, the external environment, the development of the epidemic and changes in market sentiment will be the main factors affecting the speed and quality of my country's economic recovery.
With the intensification of the game between major powers, the deep adjustment of the global supply chain industry chain, and the major economies turning from stagflation to recession, there is a high probability that external demand will continue to fall, and the internal dynamics of the domestic cycle need to be strengthened urgently.
Combining the "14th Five-Year Plan" and the long-term goals of 2035 and the spirit of the 20th National Congress of the Communist Party of China, it is expected that next year China's macroeconomic policies will focus on expanding domestic demand, stabilizing employment, preventing risks and promoting growth. The annual economic growth will be in the If the epidemic prevention and control is effective, economic growth may be expected to achieve a higher level.
When talking about the bond market next year, Ying Haifeng said that with the continuous optimization of the precise prevention and control measures of the epidemic, the market sentiment will continue to pick up, the economic fundamentals will improve, the expectations of wide credit will continue to heat up, and the scale of bond market issuance is expected to be stable. The market interest rate has room to rise, and the credit risk is expected to continue to improve.
In addition, this forum also held a cloud dialogue discussion on the theme of "opportunities and challenges faced by key industries in the medium and long-term development of high-quality development".
(use up)