Chinese President Xi Jinping noted the resilience of the Chinese economy in his 2024 New Year address on Sunday night. John Gong, vice president of Research and Strategy at the University of International Business and Economics, says that the rate of China's economic growth is decent despite the geopolitical conflicts in 2023. He added that China aims to achieve high-quality growth that is not just driven by quantitative growth figures. CGTN News January 1, 2024

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