Asia Pacific: Economic overview
Government policies in China are helping to stabilise the country’s economic growth.
China’s GDP is forecast to grow by 6.5% this year and 6.2% in 2018. Government policies providing monetary and fiscal support are helping to manage the slowdown in the country’s economic expansion. Although these measures are expected to support growth this year and next, further structural reforms are needed to increase productivity to the level required to achieve the forecast growth. China’s total energy demand growth will be moderated by the slower economic expansion, but policy support will keep gas consumption rising steadily.