This Selected Issues paper focuses on recalibrating the coronavirus disease (COVID) strategy in the People's Republic of China. Successfully containing outbreaks also supported the gradual transition to more targeted and flexible containment measures, refining the overall strategy in line with...

China is at an historic juncture. After decades of high-speed growth, the authorities are now focusing on high-quality growth. Whether and how this shift is carried through will determine China's development path for decades to come. Recent strong growth momentum and significant financial...

The 2022 Article IV Consultation discusses that following an impressive recovery from the initial impact of the pandemic, China's growth slowed significantly in 2022. In response to slowing growth momentum, macroeconomic policies appropriately turned expansionary in 2022. On the fiscal side, the...