Part 7/11:

Despite these challenges, certain sectors show promising potential. Notably, the electric vehicle (EV) industry remains a bright spot. The Chinese government has been working diligently to develop the entire EV value chain, including initiatives to promote EV adoption in rural areas through charging infrastructure expansion. Such measures could significantly stimulate demand in the EV market, both domestically and in underserved regions.

Experts forecast that China will comfortably meet its growth target of around 5% this year, with some estimates even suggesting a range of 5.6-5.7%, supported by targeted policy measures.