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 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,...
The growth is attributed to a low year-on-year growth rate of 0.4% in the same period in 2022 and supportive policies implemented earlier in the year. Data released by the National Bureau of Statistics (NBS) on Monday showed that China’s GDP expanded by 6.3% year-on-year in the second...
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 ...
BEIJING, July 17 (TiPost) – China’s gross domestic product (GDP) growth accelerated to 6.3% year-on-year in the second quarter of 2023, albeit slightly below market expectations. The growth is attributed to a low year-on-year growth rate of 0.4% in the same period in 2022 and suppor...
The Gross Domestic Product (GDP) in China expanded 4.5 % YoY in Mar 2023, following a growth of 2.9 % in the previous quarter. Real GDP Growth YoY data in China is updated quarterly, available from Mar 1992 to Mar 2023, with an average rate of 8.8 %. The data reached an all-tim...
This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP Annual Growth Rate. This page provides values for GDP Annual Growth Rate reported in several countries part of G20. The table has
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...
The World Bank raised its prediction on China's GDP growth rate by 0.3 percentage points to 4.8 percent for 2024 in its latest China Economic Update released on Friday. The bank said the upward revision of 0.3 percentage points from its...
Credit: Visual China By Li Qiying BEIJING, July 17 (TMTPost) – China’s gross domestic product (GDP) growth accelerated to 6.3% year-on-year in the second quarter of 2023, albeit slightly below market expectations. The growth is attributed to a low year-on-year growth rate of 0.4% in...