News Article

China's high-quality development philosophy featuring innovative, coordinated, green, open and shared development would help Thailand to escape from the middle-income trap and achieve shared goal of joint development, said Thai scholars.

For next year, the world's second-largest economy is expected to grow at 4.5 percent, also a 0.4 percentage point-higher revision, the IMF team said in its preliminary findings issued at the end of the 2024 Article IV Consultation trip to China.

Structurally, China's export portfolio has demonstrated strength in the sectors of ships, electric vehicles and construction machinery, with growth rates of 108.4 percent, 28.3 percent and 16.2 percent, respectively.

New mega energy base propels the transformation of Kubuqi Desert into a source of economic growth.

China's burgeoning e-commerce sector has played a vital role in bolstering the recovery of consumption, improving people's livelihoods and shoring up the economy as an increasing number of shoppers opt for high-quality and diversified products via online marketplaces, experts said.