Chinese economy faced a rising unemployment pressure in 2022, especially for the young age group, as the result of sluggish economic growth. On the one hand, the number of university graduate students was 10.7 million in 2022, reaching the historically high level. On the other hand, as a res...
The GDP growth target for this year was set after the Chinese economy showed solidity and resilience in 2023 by recording year-on-year growth of 5.2%. “In setting the growth rate at around 5%, we have taken into a...
The Gross Domestic Product (GDP) in China expanded 4.60 percent in the third quarter of 2024 over the same quarter of the previous year. This page provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, econ
Many scholars of the Chinese economy have concluded that official estimates of China's GDP growth rate are too high. Journalists have popularized this view, but we disagree. We use a method that examines several strategic indicators that are suggested by basic social accounting principles and ...
China Q1 2024 GDP growth beat forecasts thanks to high output and activity in key manufacturing and service sectors, setting the country on track to achieving its annual economic growth targets. Several areas of the economy continued to recover between January and March following many months of low...
"With the gradual stabilization of the endogenous driving force, China's economy will continue the recovery trend," said Li Chao, chief economist at Zheshang Securities. "The country's economic growth rate will likely reach 5.1 percent this year, meeting the annual growth target." ...
In 2022, China's economy grew by just 3% as a result of prolonged COVID-19 regulations linked to its zero-COVID policy. Before 2012, GDP growth rates were mostly around 10% per annum. After 2012, China's economy entered a phase of moderately high-speed growth, with the growth rate st...
"China is going to grow around eight and a half percent, given the size of the economy, that's a quite an impressive number," said Ayhan Kose, director of the World Bank's Prospects Group. That growth rate represents...
including the complexity of the global economic landscape, the cyclical development of China’s economic structure adjustment, and the competition between major countries. The so-called “China’s economy is peaking” is not an objective deion of China’s development. If misled by such noises, one...
“That is the kind of the rebound after the reopening [and] is at the core of why we have our above consensus forecast of 6% growth for the full year,” she said. watch now VIDEO02:07 ‘Uneven’ the right word to describe the state of China’s economy: Goldman Sachs ...