China Targets 5% GDP Growth in 2024, Senior Official Announces
- THE CHINA NOW
- Dec 16, 2024
- 2 min read
Summary
China's GDP growth is expected to reach around 5% for the year, according to a senior government official.
The growth target comes despite challenges such as global economic uncertainty and internal structural adjustments.
Officials emphasize the importance of consumption-driven growth and measures to stabilize the job market.
China is expecting its GDP growth to hover around 5% for the year, according to a senior government official. This estimate comes as the country navigates challenges such as global economic uncertainty, trade tensions, and domestic structural adjustments.
