News & Insights Across Asia
China’s economy maintained steady growth in the first half of 2024, with GDP reaching 61.68 trillion yuan, showcasing resilience and leading global economic development through high-quality advancements.
China’s GDP grew by 5% year-on-year in the first half of 2024, reaching 61.68 trillion yuan ($8.65 trillion), according to data from the National Bureau of Statistics. In Q2, GDP expanded by 4.7% year-on-year.
China’s focus on supply-side structural reforms has strengthened its primary, secondary, and tertiary industries, fostering balanced and high-quality economic development.
China’s foreign trade reached a record 21.17 trillion yuan in the first half of 2024, showing strong growth and resilience. Exports and imports saw significant increases, highlighting economic vitality.
China’s rail freight volume and turnover reached historic highs in June, maintaining top global rankings and signaling robust economic momentum.
China’s economy grew by 5% in the first half of 2024, reaching 61.68 trillion yuan, according to the National Bureau of Statistics, signaling steady progress amid global economic challenges.
China’s foreign trade grew by 6.1% in the first half of 2024, reaching a record high of 21.17 trillion yuan ($2.9 trillion), according to the General Administration of Customs.
China’s commitment to high-level opening-up bolsters globalization amid challenges, exemplified by initiatives like the Belt and Road and the transformative China-Laos Railway.
Economist Jeffrey Sachs suggests that by emulating China’s growth strategies, Africa could achieve rapid economic development in the coming decades.
The Democratic People’s Republic of Korea has experienced a “definite upturn” in its economy during the first half of the year, according to top leader Kim Jong Un at a recent Workers’ Party meeting.
Astana hosts the 24th SCO Summit on July 3 and 4, where regional leaders gather to strengthen mutual trust and cooperation, addressing key issues like economic development and regional stability.
China launches 37,000 cultural events to boost summer consumption across transport, travel, and film sectors, introducing incentives like coupons and discounts to stimulate economic activity.
China’s economy demonstrates resilience and growth in 2024, with a 5.3% GDP increase in the first quarter, driven by consumption recovery and effective macroeconomic policies.
China’s economy is transforming as it shifts focus to high-tech industries and services, reshaping its long-term growth and impacting global markets.
After a five-year hiatus, the Summer Davos returns to Dalian, China, uniting global leaders to explore “The New Frontiers of Growth” at the iconic Dalian International Conference Center.
China’s rapid economic growth and active participation in the Summer Davos have significantly contributed to global economic development, fostering international cooperation and innovative solutions.
At the 15th Summer Davos in Dalian, global leaders focus on economic growth, technological innovation, and international cooperation, addressing challenges and exploring new frontiers for sustainable development.
HKEX Deputy CEO Wilfred Yiu highlights China’s key role in the exchange’s strategy and emphasizes inclusivity to foster economic growth for all.
Global leaders gather at Summer Davos 2024 to address complex risks threatening economic progress, focusing on collaboration and innovation to drive growth.
Chinese Premier Li Qiang called for nations to embrace cooperation and pursue new economic growth frontiers during his meeting with WEF’s Klaus Schwab in Dalian, emphasizing the importance of innovation and openness.
