This year’s China Update is the 23rd in the series and focuses on the theme of “China: Regaining Growth Momentum after the Pandemic.” The slower growth of the Chinese economy in the aftermath of the pandemic has prompted the Chinese government to adopt various measures to boost domestic consumption and deepen structural reform, but the effectiveness of such policies is yet to be felt.

China also faces various other challenges such as the slowdown of its real estate sector, the complex internal and external environment for macroeconomic policies, income inequality, weak investment growth by the private sector, negative population growth, high levels of debt, de-globalization, weakness in its financial sector and equity markets, the inadequacy of its fiscal system and the imperative to decarbonise the economy. China needs to confront these challenges to achieve a higher level of income and standard of living. Contributors to this year’s China Update discuss some of the challenges and policy issues that are being watched with keen interest by decision-makers and markets alike.