China Confident in Achieving 5% GDP Growth Target for 2024: Officials
Chinese officials express confidence in achieving the 2024 GDP growth target of around 5%, emphasizing strong economic fundamentals and proactive fiscal and monetary policies.
News & Insights Across Asia
Chinese officials express confidence in achieving the 2024 GDP growth target of around 5%, emphasizing strong economic fundamentals and proactive fiscal and monetary policies.
China’s economic planning chief affirms that the 2024 GDP growth target of around 5% is achievable with concerted efforts, highlighting confidence in meeting the nation’s development goals.
China announces a GDP growth target of around 5% for 2024, as Premier Li Qiang outlines key economic goals at the 14th National People’s Congress in Beijing.
The IMF reports China’s economy rebounded in 2023, achieving a 5% GDP growth aligned with targets, driven by strong domestic demand and supportive policies.
China’s economy grew by 5.2% in 2023, surpassing the government’s target and demonstrating resilience amid global pressures, according to the National Bureau of Statistics.
China demonstrates economic resilience with a 5.2% GDP growth in the first nine months, defying global downturns. Consumer spending and industrial output drive optimism for meeting annual growth targets.
India’s reported 7.8% GDP growth may not reflect the full economic picture. Discrepancies between income and expenditure data suggest actual growth could be lower, indicating deeper economic challenges.