Chart 7: China’s potential output growth will moderate at a steadier pace due to labour market reforms and stronger capital deepening https://www.bankofcanada.ca/?p=246055 Trend labour input Trend labour productivity: Scenario 2 Trend labour productivity: Difference in growth between the two scenarios Potential output: Scenario 1 Potential output: Scenario 2 Potential output growth (April 2024 Monetary Policy Report) -0.546.496.596.590.007.13 -0.566.206.306.300.006.87 5.995.990.005.75-0.596.57 0.005.455.45-0.625.236.08 5.315.315.940.00-0.635.11 5.685.004.75-0.670.005.00 4.76-0.734.764.585.480.00 -0.754.284.585.330.004.58 -0.645.044.404.090.014.41 -0.603.924.784.180.044.22 -0.573.764.004.020.034.57 3.863.870.004.44-0.573.59