The Chinese mainland's gross domestic product (GDP) rose by 5 percent year on year in the first half of 2024, according to data released by the National Bureau of Statistics (NBS) on Monday.
Preliminary estimates indicate that the GDP for the first half of the year reached 61.68 trillion yuan (approximately $8.65 trillion). In the second quarter alone, the GDP expanded by 4.7 percent compared to the previous year, as reported by the NBS.
This robust economic performance highlights the continued resilience and growth of the Chinese mainland's economy, with significant implications for global markets and international business trends.
Reference(s):
cgtn.com
