On the back of the stronger-than-expected first quarter GDP report, Zhu Haibin, JPMorgan's chief China economist, said his team raised its full-year GDP growth forecast for China from 6 percent year-on-year to 6.4 percent year-on-year.China is well on track to achieving the government'...
What was China's Real GDP Growth in Mar 2023? The Gross Domestic Product (GDP) in China expanded 4.5 % YoY in Mar 2023, following a growth of 2.9 % in the previous quarter. See the table below for more data.Last Previous Min Max Unit Frequency Range 4.5 Mar 2023 2.9 Dec 2022 -...
China's GDP growth rebounded to a stronger-than-expected 4.5 percent year-on-year target in the first quarter of this year after reaching 2.9 percent in the last quarter of 2022, pointing to a steady rebound amid the gradual normalization of production, data from the National Bureau of Stati...
Industrial production jumped 6.1% in the first quarter from a year ago, mainly thanks to strong growth in high-tech manufacturing.CNN指出,一季度中国全国规模以上工业增加值同比增长6.1%,这主要得益于高技术制造业的强劲增长。In particular, the production of 3D printing equipment, charging stations for...
China's value-added industrial output grew by 6.1 percent year-on-year in the first quarter. The figure rose by 4.5 percent in March after a 7 percent growth in the first two months of the year, NBS data showed. ...
"That used to be the United States, but now China has taken the lead. Although China's GDP is still lower than that of the United States or Europe, but its growth is two or three times higher," Jurcic said, adding that the World Bank expects the global economic growth rate to drop ...
WASHINGTON, Dec. 21 (Xinhua) -- The U.S. real gross domestic product (GDP) growth in the third quarter of 2023 was revised down to an annual rate of 4.9 percent in its third and final estimate, the Commerce Department reported on Thursday. ...
economy is making steady progress and will continue to provide strong impetus for the world economy. Instead of short-term growth through “massive stimulus”, China focuses on reinforcing the internal drives, and its economy can weather ups and downs, so the overall trend of long-term growth ...
The United Kingdom's economy grew by 0.9 percent in 2024, after a growth rate of 0.4 percent in 2023, 4.8 percent in 2022, 8.6 percent in 2021, and a record 10.3 percent fall in 2020. During the provided time period, the biggest annual fall in gross domestic product before 2020 occurre...
President Herbert Hoover had the worst annual GDP growth of all U.S. presidents so far at -9.3% due to the Great Depression. The biggest drop in GDP growth was in 1932, the worst year of the Great Depression, when GDP growth was -12.9% during Hoover’s term. ...