Cargo ships pass through Guoyuan Port and containers are stacked neatly in Chongqing, China, November 4, 2023. Guoyuan Port is China's largest river water and railway multimodal transport hub port, it is reported that due to the economic performance in the third quarter of 2023 exceeded expectations, a number of institutions subsequently raised 2023 China's economic growth forecast. Ubs raised its forecast for China's GDP growth in 2023 to 5.2% from 4.8% previously. Deutsche Bank rose to 5.2% from 5.1%; Nomura Holdings was raised to 5.1% from 4.8%; Jpmorgan rose to 5.2 per cent from 5 per cent.
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