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TOP NEWS

China sets GDP growth target of around 5% for 2024

China has set an economic growth target of around 5 percent for 2024, according to a government work report delivered by Premier Li Qiang on Tuesday.
05-Mar-2024
China

SPENDING POWER

INNOVATIVE GROWTH/TECH-DRIVEN

China's economy shows vitality with innovative growth, booming market

Economic growth data from 2023, released by provincial governments across China, show optimism for the country's steady economic progress, with 17 provinces exceeding the national year-on-year GDP increase of 5.2 percent. Looking ahead, more than 20 regions are targeting GDP growth of over 5 percent for 2024, focusing on new industries and consumer spending as key drivers of growth.
16-Feb-2024
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Tech advances pave way for high-quality growth of China's economy

Against the strong headwinds, the Chinese economy – driven by its robust technological growth – has been continuously upgrading.
27-Feb-2024

RESILIENT ECONOMY

Experts agree that China's economy boasts significant potential for growth. They highlighted domestic demand and resource advantages that will fuel the country's economic expansion.
Biz Analysis
03-Mar-2024
Against pessimistic voices, China's 5 percent GDP target is not only achievable, but also inspiring for global economic growth.
Opinion
05-Mar-2024
China's economic activity rebounded in 2023 following the post-COVID reopening with real GDP estimated to have grown broadly in line with the authorities' growth target of around 5 percent, the executive board of the International Monetary Fund (IMF) has said.
China
03-Mar-2024