Stay updated with breaking news from Wen Bin. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
BEIJING: China's economy grew 5.2 per cent in the fourth quarter from a year earlier, official data showed on Wednesday (Jan 17), missing analysts' expectations slightly but still ensuring Beijing met its annual growth target despite a shaky start to the year. Confounding most analysts' expectations, the w
China's GDP grew 5.2 percent year on year to a new high of $17.7 trillion last year
China's economic growth is likely to slow to 4.6% in 2024, and cool further to 4.5% in 2025, a Reuters poll showed, raising the heat on policymakers to roll out more stimulus measures amid deflationary pressures and a severe property slump. Gross domestic product (GDP) likely grew 5.2% in 2023 - meeting the government's annual growth target, partly helped by the previous year's low-base effect which was marked by COVID-19 lockdowns, according to the median forecasts of 58 economists polled by Reuters. Recent data suggested the economy was starting 2024 on shaky footing, with p...
BEIJING: China's economic growth is likely to slow to 4.6 per cent in 2024, and cool further to 4.5 per cent in 2025, a Reuters poll showed, raising the heat on policymakers to roll out more stimulus measures amid deflationary pressures and a severe property slump. Gross domestic product (GDP) likely grew
In 2023, the high-quality development of China's financial sector achieved notable progress. Many foreign financial institutions have doubled down their investment in China amid the country's continued two-way financial opening-up, while authorities have conducted a series of reforms to improve the competitiveness of the country's financial industry so that it can play a bigger role in serving the economic and social development.