Goldman Sachs's chief Chinese economist Shing Hui predicts in his latest opinion that China's GDP growth rate will reach 4.8% in 2024, which is higher than the 4.6% economic growth forecast given by the International Monetary Fund (IMF). She said that the 4.8% forecast mainly comes from ...
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...
BEIJING, March 5 (Xinhua) -- China seeks to achieve a GDP growth rate of around 5 percent for 2024, the latest signal that the world's second-largest economy is committed to high-quality development despite uncertainties at home and abroad. The projected goal, which remains unchanged from th...
In 2023, the growth of real gross domestic product (GDP) in China amounted to 5.2 percent. For 2024, the IMF expects a GDP growth rate of around 4.8 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to...
China achieves 5.2% GDP growth in 2023, successfully meeting yearly target; Premier Li Qiang urges global cooperation and vows continued opening-up at WEF. Here’s what you need to know about China in the past 24 hours China's gross domestic product expanded by 5.2 percent in 2023 - meeting...
China's fast moving consumer goods (FMCG) growth has been decelerating over the first three quarters of 2024, according to the 13ᵗʰ China Shopper Report 2024 Vol. 2 released by Bain & Company and Kantar Worldpanel. For 2024 Q3 year-to-date (YTD), the average FMCG value growth of ...
According to a report by the Center for Forecasting Science at the Chinese Academy of Sciences, China's economy will maintain steady growth in 2024 with an estimated GDP growth rate of around 5.3 percent.
China seeks to attain a GDP growth rate of around 5 percent for 2024, the latest signal that the world's second-largest economy is committed to high-quality development despite uncertainties at home and abroad. Source: Xinhua Editor: Lyu Yun...
Morgan Stanley has recently revised China's 2024 real gross domestic product forecast up from 4.2 percent to 4.8 percent, given the country's stronger-than-expected exports and manufacturing capital expenditure. It also raised...
so the 10-year government bond yield will likely experience a short-term rebound, said Zhang Jun, chief economist at China Galaxy Securities. However, social financing and the M2 growth rate will only accelerate after the real estate, construction, and manufacturing sectors begin to rebound, Zhan...