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China’s economy resilient despite uncertainties caused by Ukraine crisis – state planner

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Economy7 hours ago (Mar 06, 2022 09:51PM ET)

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China's economy resilient despite uncertainties caused by Ukraine crisis - state planner © Reuters. People wearing protective masks visit a main shopping area in Shanghai, China January 21, 2022. REUTERS/Aly Song/Files

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BEIJING (Reuters) – China’s economy remains resilient despite rising uncertainties caused by the Ukraine crisis, the country’s state planner said on Monday.

China will enhance policy coordination and speed up the roll-out of policies favourable for growth, Lian Weiliang, a vice head at the National Development and Reform Commission, told a news conference.

Beijing has targeted slower economic growth of around 5.5% this year amid an uncertain global recovery and a downturn in the country’s vast property sector.

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