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Chen Gong: Chinas economic growth this year might be higher than expected

Due to factors like production restriction of the coal industry and 276-day limit on coal mine operations in China, this year the coal price has continued to soar, the national coal mine profit situation improved significantly. In this regard, Anbound"s senior researcher Mr. Chen Gong believes that China’s economic growth might be higher than what many have expected. Most people are very pessimistic about this year"s economic growth, mainly due to lower economic growth statistics in previous quarters. Actually, Anbound has been optimistic about China’s economic growth’s statistics. We expect this year"s economic growth is unchanged from last year’s, or even higher than last year’s. Recently, many institutions have also raised the forecast for China"s economic growth, similar to our expectation.

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