China News

Chinese economy embarks on new journey of hope

China's economy grew 3 percent to a record high of 121 trillion yuan (about $17.8 trillion) in 2022, marking a new and higher level in terms of economic aggregate. The UN World Economic Situation and Prospects 2023 report showed that China's economic growth will accelerate to 4.8 percent this year, compared with a 1.9 percent growth of the world output growth. In addition, check out the factors behind China's booming pet industry and how Chinese youth inherits paper-cutting, one of the oldest popular folk arts in China.

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