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In the second quarter of 2023, China’s GDP has increased by more than 6% compared to 2022, although in recent quarters Chinese economic growth is slowing down significantly. Growth expectations for the next years are also not optimistic, given the structural problems that the country is confronted with in the aftermath of the pandemic. In an international comparison, China’s economic growth rates have been high in the past quarters as a result of the strong economic recovery after a year marked by repeated and sporadic COVID-related lockdowns, which led to high volatility in economic activity. Inflation rates have been relatively stable, suggesting that the country has been affected little by the economic uncertainty related to the Russian invasion of Ukraine, and by the rise in energy prices which led to significant price increases among Western countries. The OECD economic outlook expects inflation to stabilize in the range of 1.6-2.5% until the end of 2024. Unemployment has decreased further to 5.2%.

October 2023

ECSA Chemicals AG
Burgauerstrasse 17
CH-9230 Flawil (Switzerland)

Via Luigi Favre 16
CH-6828 Balerna (Switzerland) 

T. +41582119100


ECSA Maintenance AG
Burgauerstrasse 17 
CH-9230 Flawil (Switzerland)

Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119300


Suncolor SA
Via d'Argine 1 
CH-6930 Bedano (Switzerland)

T. +41919455038


ECSA Energy SA
Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119500


con Unico Socio
Via Lavoratori Autobianchi 1 
I-20832 Desio (MB) - Italy
(Stabile n. 15 - Polo Tecnologico della Brianza)

T. +39 0362 625 421

P.IVA IT00222470130

Codice destinatario: C1QQYZR

Porta Ticino Easy Stop SA
Via San Giorgio 37
CH-6877 Coldrerio

T. +41582119910


Stalvedro Easy Stop SA
Stalvedro 4, CH-6780 Airolo

T. +41582119950


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