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China’s vaccination plan forecast to help GDP grow 9.3 pct: media

Abstract : China's vaccination plan against COVID-19 is forecast by Oxford Economics to pave the way for the country's economic growth rate to reach 9.3 percent this year, according to media.

A
staff member checks the packaging quality of COVID-19 inactivated
vaccine products at a packaging plant of the Beijing Biological Products
Institute Co., Ltd. in Beijing, capital of China, Dec. 25, 2020.
(Xinhua/Zhang Yuwei)

BEIJING,
April 1 (Xinhua) — China’s vaccination plan against COVID-19 is
forecast by Oxford Economics to pave the way for the country’s economic
growth rate to reach 9.3 percent this year, according to media.

China
aims to vaccinate 40 percent of its 1.4-billion population against the
coronavirus by the end of this June, said Zhong Nanshan, a leading
expert in China’s respiratory disease research, in a forum in March.

Business
confidence and consumer spending will improve should China be able to
achieve its targeted rate, which the Oxford-headquartered economics
services provider estimates will require inoculating 10 million people a
day, Bloomberg reported Tuesday.

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Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China’s vaccination plan forecast to help GDP grow 9.3 pct: media

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