The National Bureau of Statistics (NBS), China’s chief governmental data compiler ... While meeting the annual GDP target – set at “about 5 per cent” at the opening session of the national ...
China's economic engine showed impressive resilience in 2024, growing 5 percent year-on-year to reach 134.9 trillion yuan ($18.41 trillion), according to figures released by the National Bureau of ...
Analysts expected China's GDP growth to be 4.9%, close to the 5% target. China faces challenges like property crisis, youth unemployment, and deflation. China reported its economy grew 5% in 2024 ...
chief Greater China economist at ANZ Bank. He noted that to meet the government’s pledge of doubling 2020 GDP by 2035, an average annual growth rate of around 4.7 per cent would be required.