"The supporting policies stabilized the stock and housing markets and boosted domestic demand. China's economy made a robust V-shaped rebound in 2024," Xu Hongcai, Deputy Director of the Economic Policy Commiss
Notably, China's import growth has provided significant support to many developing countries. By granting zero-tariff treatment in 2024 to 100 percent of tax lines for all least-developed countries with diplomatic ties to China, China has demonstrated its commitment to fostering global economic develo...
Notably, China's import growth has provided significant support to many developing countries. By granting zero-tariff treatment in 2024 to 100 percent of tax lines for all least-developed countries with diplomatic ties to China, China has demonstrated its commitment to fostering global economic develo...
Notably, China's import growth has provided significant support to many developing countries. By granting zero-tariff treatment in 2024 to 100 percent of tax lines for all least-developed countries with diplomatic ties to China, Ch...
WASHINGTON, July 16 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO), from the 4.6-percent forecast in April. The revision is primarily attributed to a rebound in private cons...
2024 will be a crucial year for China as it strives to continue its economic recovery in a complex economic environment. This year’s‘Two Sessions’—the National People’s Congress (NPC) and the Chinese People's Political...
China has set this year's economic growth target at 5pc, stable from previously but lower than the 5.2pc achieved in 2023, in the face of "slow consumption" and local government debt. Chinese refiners raised their crude runs to an all-time high in 2023, underlining the economic growth of...
China's central bank has employed a multi-pronged approach to support economic growth in 2024, which experts say has effectively supported the real economy. The People's Bank of China (PBOC) cuts the reserve requirement ratio twice, releasing approximately 2 trillion yuan ($274 billion) in liqu...
Thomas J. Sargent: Chinese economy in 2024 will look a lot like 2023. That's what any of my friends who are economists will know what I'm doing. There's a really good statistical model of GDP growth. It's called a geometric random walk with growth, continuing to grow about the same...
China targets economic growth of around 5 percent in 2024, according to a government work report submitted on March 5 to the national legislature for deliberation. The country expects to create over 12 million jobs in urban areas and keep the surveyed urban unemployment rate at around 5.5 percent...