Investor Presentaiton
China remains a large and growing market
.
China's economy is expected to drive global
growth
GDP growth, %
20%
⚫ GDP growth target at ~5% in 2023
• Growth in personal income that is generally in step
with economic growth
15
• Prioritize domestic consumption as key driver
10
•
CPI -3%
•
Steady increases in both the volume and quality of
imports and exports
5
Potential risks
•
Global recession and Geopolitics
•
•
·
Demographic challenges
Housing market faces both cyclical and structural
headwinds
Unemployment (structural, youth)
14
November 14, 2023
O Valmet | Investor site visit to Jiading, Shanghai
-5
-10
Quarterly growth,%
Year-over-year growth, %
2023 Target 5.0%
2023H1 5.5% YoY
2023Q3 4.9% Quarterly
Forecast by IMF in
Q1, 2023
2023 target
5.0%
T
'18
'19
20
'21
$22
123
-5,2
ValmetView entire presentation