China View: Recovery to continue into 2021, but growth momentum might slow (Sep 2020 Data)

The Conference Board, Inc., 7 pages, November 26, 2020
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Member businesses in China are driven, in general, by one or more of three key economic factors: investment, consumption and trade. Our monthly China Economy Watch analysis assesses each factor in turn to inform business planning and forecasting.

Document Highlights

With public life nearly back to normal in most parts of China, the country’s economic recovery is entering a second stage. The trajectory looking forward will depend mostly on consumption and the restart and new establishment of small-sized services businesses. The first stage recovery, driven by industrial production resumption and stimulus-backed investment, has largely run its course. There is little headroom for more growth pickup in industrial production unless a consumption recovery creates new demand.

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