One year after the start of the pandemic, China is accelerating its recovery, asserting itself as the locomotive of a global economy still mired in the health crisis.
The Asian giant has achieved annual growth of 2.3% in 2020, according to official statistics unveiled Monday morning in Beijing, becoming the only major economy on the planet to escape the recession in this year of Covid.
This increase in GDP, however, remains the lowest under the communist regime since 1976, at the end of the Maoist era, and represents only a third of that of the previous year.
But it allows the "factory of the world" to increase its weight in the world economy.
"The Chinese economy has not fully recovered from the Covid, but it has recovered very well compared to other countries," said
Zhang Lin, an independent economist based in Beijing.
The Middle Kingdom ended 2020 with a bang, recording 6.5% growth in the fourth quarter (year on year), amplifying its 4.9% rebound in the quarter
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