Commenting on China’s GDP growth, Goldman Sachs analysts suggested that the quick reopening of the economy has put a strain on its expansion. “The ongoing ‘exit wave’ on the back of China’s faster-than-expected reopening has taken a heavy toll on economic activity in recent months due...
In 2022, China's economic growth rate was only 3%, much lower than the 5.5% economic growth target set in March last year. While the result was not surprising, last year's economic growth rate was the lowest in decades. In the history of economic development of the country, this is the...
China Q3 GDP Growth Slightly Above Estimates The Chinese economy expanded 4.6% yoy in Q3 of 2024, compared with market forecasts of 4.5% and a 4.7% rise in Q2. It marked the slowest annual growth rate since Q1 2023, amid persistent property weakness, shaky domestic demand, deflation risks,...
China’s economy grew by 2.9 per cent in the fourth quarter of 2022, compared with a year earlier, bringing the overall growth rate for last year to 3 percent, official data released on Tuesday showed. The country's annual GDP came in at 121.02 trillion yuan ($17.94 trillion) in 2022, ...
In 2022, the added value of the primary industry and the secondary industry saw a year-on-year growth of 4.1 percent and 3.8 percent respectively, higher than the overall economic growth rate. The added value of the tertiary sector, or the service industry, expanded by 2.3 percent compared ...
China's gross domestic product (GDP) expanded by 3 percent year on year to 121.02 trillion yuan ($17.93 trillion) in 2022 despite being mired in various growth pressures, data from the National Bureau of Statistics (NBS) showed on Tuesday. The annual growth rate beat a median economist ...
Growth rate of real gross domestic product (GDP) in China from 2014 to 2024 with forecasts until 2030 GDP year-on-year change7.49%7.49%7.02%7.02%6.78%6.78%6.89%6.89%6.76%6.76%6.07%6.07%2.34%2.34%8.56%8.56%3.11%3.11%5.38%5.38%5%5%3.95%3.95%3.96%3.96%4.22%4.22%4.06%4.06%3.7%3.7%3.38%...
China’s economy grew by 2.9 per cent in the fourth quarter of 2022, compared with a year earlier, bringing the overall growth rate for last year to 3 percent, official data released on Tuesday showed. The country's annual GDP came in at 121.02 trillion yuan ($17.94 trillion) in 2022,...
Related information about China Real GDP Growth In the latest reports, Nominal GDP of China reached 4,166.8 USD bn in Mar 2023. Its GDP deflator (implicit price deflator) increased 0.4 % in Mar 2023. GDP Per Capita in China reached 12,732.6 USD in Dec 2022. Its Gross Savings Rate ...
In 2023, China's Gross Domestic Product (GDP) reached CNY 12.6 trillion, a 5.2% increase compared to the previous year when calculated at constant prices. This growth rate is 2.2 percentage points higher than that of 2022. Examining key economic indicators, the comparable-price calculation reveal...