
DAVOS,Switzerland,Jan.17(Xinhua)--TheChineseeconomyisheadingforstronggrowthin2023,VicePresidentoftheNewDevelopmentBank(NDB)LeslieMaasdorpsaidattheongoingWorldEconomicForum(WEF)inDavos,SwitzerlandonTuesday.
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MaasdorpsaidinaninterviewwithXinhuathatChina"srecentdecisiontoliftCOVID-19restrictionswilldriveeconomicgrowth,whichinturnwillhaveasnowballeffectonotheraspectsoftheeconomysuchasconsumption.
Althoughhepredicteda"bumpyperiod"inthefirstquarterofthisyear,andpotentiallyinthesecond,therearestrongexpectationsforrobustgrowthdrivenbyconsumptioninthesecondhalfoftheyear.
China"soptimizationofCOVIDpolicies"willhaveaverypositiveimpactbothforChinaandfortheworldeconomy,"Maasdorpsaid.ManybankshavealreadypredictedthatChinesegrowthfor2023willbemuchhigherthanoriginallyprojected.
Growingconsumptionandincreasedinvestorconfidencewillleadtoaconsumptionreboundandstrongereconomicgrowth,Maasdorpsaid.
Withaneconomyofabout18trillionU.S.dollars,Chinahasanimportantroletoplayintherecoveryoftheglobaleconomy,headded.
China"sgrossdomesticproduct(GDP)grew3percentyear-on-yeartoarecordhighof121.0207trillionyuan(18trillionU.S.dollars)in2022,datafromtheNationalBureauofStatistics(NBS)showedTuesday.
Asthesecond-largesteconomyintheworld,Chinesegrowthalsodrivesglobalgrowth.
"ArecoveryinChineseconsumptionwillhaveaverypositivespin-offfortheglobaleconomy,"Maasdorpsaid.
GrowthareasinChinaincludetourismandgreenindustries,hesaid."Chinaisoneofthelargestinvestorsingreenenergy,solarenergy,windenergy,inbatterystorage.Thosearehigh-growthsectors.Andwithnewincreasedinvestmentinthosesectors,itwillalsocontributeverypositivelytoglobalgrowth."
"EverybodyrecognizesthatChinahasaveryimportantroletoplayintheclimateagenda,"hesaid.
ManyeconomistshaveexpressedhopethatonceChinesecompaniesresumemanufacturingatpre-pandemiclevels,tradeflowswillbestimulatedandsupplychainsrestored.
Chinaalsohasacriticalroletoplayinboostingmultilateralcooperation,Maasdorpsaid.
"Withoutmultilateralcooperation,youcannotreallydealwithchallengesthatarecross-national...IbelievethattheonepositivelessonwecanlearnfromCOVIDisthatweareinterconnected,"hesaid.
China"ssuccessfuleradicationofabsolutepovertyis"oneofthebiggestachievementsofhumanity,"Maasdorpadded.
TheNDB,headquarteredinShanghai,isalenderestablishedbytheBRICSgroupofemergingnations(Brazil,Russia,India,ChinaandSouthAfrica)in2015.Itaimstobecomeaglobaldevelopmentbank,mobilizingresourcesforinfrastructureandsustainabledevelopment.